Cost of health insurance is affected by many factors. The print media detail the specific factors driving the cost of healthcare. These factors include: general inflation, advances in drugs and other medical devices, rising hospital and doctor expenses, government mandates, increased consumer demand, litigation, fraud, and cost shifting. Will medical premium keep on rising? The basic answer is that a magic bullet to solve the cost of insurance does not exist. The real reason for this is the difficulty in controlling the cost of healthcare. A simple way to dramatically decrease the dollars spent on healthcare is to reduce the demand for healthcare.
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