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  • Writer's pictureScott Clendaniel

What Will Happen To The Cost of Healthcare

The cost of healthcare has been a critical issue for decades, and it is only set to rise in the next ten years. According to the Centers for Medicare & Medicaid Services, national health spending will increase by an average of 5.5% annually over the next decade, reaching 21.2% of GDP by 2028. This is a serious concern for individuals, businesses, and governments as it creates significant financial strain.

To tackle this issue, policymakers, healthcare providers, and other stakeholders need to come together to find innovative solutions. One approach is to shift towards value-based care, which prioritizes outcomes and quality instead of the quantity of services provided. Another option is to invest in preventative care measures that reduce the need for expensive treatments down the line.

We must also encourage the use of digital technologies such as telemedicine, remote patient monitoring, and electronic health records. These technologies can improve access to care, increase efficiency, and reduce costs.

The future cost of healthcare may seem daunting, but working together, we can find ways to make it more affordable and accessible for all. Let's start the conversation on how we can create a sustainable healthcare system for the next ten years and beyond. #healthcarecosts #sustainability #innovation

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