Question
In: Economics
Can you find particular events in given years that might explain either small or large changes...
Can you find particular events in given years that might explain either small or large changes in the health expenditures per person or in the percentage changes?
Solutions
Expert Solution
Answer: There are two types of health expenditures
a. Public Health expenditure made by the government on citizens of the country
b. Private health expenditure made by individuals on themselves & their families
In 2020, Covid 19 has played a significant role in increasing both public and private health expenditure, while in recent years lifestyle diseases( Diabetes, obesity, heart failure, Alzheimer, COPD, Liver cirrhosis) among citizens have increase multifold that has to lead to an increase in health expenditure by both public & private.
Rahul Sunny answered 2 years agoRelated Solutions
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