What caused the rise in price of healthcare in the US?

There were two causes concerning the rise of the massive increase in the price of healthcare: government policy and lifestyle changes. The United States relies on a company's sponsored private health insurances. The government created programs such as Medicare and Medicaid to aid those without insurance. These programs spurred demand for healthcare services, which gave providers the ability to raise prices.

Also, chronic illnesses, such as diabetes and heart disease were increased. They are responsible for 85 percent of the health- care costs. Another reason for rising healthcare costs is an epidemic of preventable diseases. It is also because of the rise in pharmaceutical prices.

Healthcare is one of the largest industries in the US. The first reason for the price increase is because of government policies. The residents of United States are paying a lot of money for healthcare compared to other countries even if they get the same services. Another reason for the price increase is because of people’s lifestyle changes. The lifestyle change has inevitably caused the health of Americans to change.

There are a lot of people now who have some serious illnesses. These illnesses are usually chronic and are very hard to treat. People who only have a few months to live usually go to the emergency room more often and would need to undergo more treatments that may or may not save their lives.