Why do rising medical expenditures cause concern


Problem: After you read and review and information from chapters 1-3 in the Feldstein textbook, compose an essay addressing the following questions:

1. Why are we now seeing another rapid rise in medical expenditures and insurance premiums?

2. Why do rising medical expenditures cause concern?

3. Why are employers, unions and the government concerned about rising medical expenditures?

4. Do any sectors, demographics, geographies, populations, etc seem extraordinarily impacted?

5. What steps can be taken to limit increases in medical expenditures?

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