Publicly Funded Health Care - Increasing Costs

Increasing Costs

As medical science advances more treatments, many increasingly expensive, become available, which increases health costs both for public and private systems. Advances in medicine, amongst other factors, increase life expectancy, leading to population aging; the proportion of the population who are working and pay tax or compulsory insurance, rather than retired, decreases at the same time as healthcare per capita becomes more expensive to provide.

Read more about this topic:  Publicly Funded Health Care

Famous quotes containing the words increasing and/or costs:

    O, she walked unaware of her own increasing beauty
    That was holding men’s thoughts from market or plough,
    Patrick MacDonogh (1902–1961)

    To exercise power costs effort and demands courage. That is why so many fail to assert rights to which they are perfectly entitled—because a right is a kind of power but they are too lazy or too cowardly to exercise it. The virtues which cloak these faults are called patience and forbearance.
    Friedrich Nietzsche (1844–1900)