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In: Economics

What are the future economic needs of the healthcare system and why these needs must be...

What are the future economic needs of the healthcare system and why these needs must be addressed?

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Expert Solution

Future Economic Needs of the Healthcare System

Health care is one of the very basic yet very important sector in any country's economic growth. People that too strong people both mentally and physically are inevitable for any country's growth and development. All the countries spend an large sum of money on it healthcare systems keeping in mind this fact only. All countries are different, they vary in culture, environment, people, area, geography, climate etc, therefore, the future economic needs of each country also differs and they depend on their demographic structure too.

In developed countries, already things and situations are so widely developed that people live longer and due to better health facilities and good care given , thus in such countries they face the need to maintain such situation for a longer time. They have a mighty population to be taken care off. Secondly, healthcare faciltiies cannot be too costly, as then people wont be in a position to avail it especialy the poor class , thus financing such facilities is a big task for the existing government of any country.Pricing becomes one such important need too, the healthcare faciliies has to be kept in a price range wherein people of all class can afford it and they become willing to avail the facility, so the pricing has to be proper. With more and more development everywhere and the changing lifestyle more diseases are also coming up, therefore it becomes a even more challenging tast for the healthcare system. More researches are being done and new findings are coming up, these things take a lot of time and planning and money. All these adds to the future needs of the healthcare system. Poor countries already have fund issues, and the people in these countries also have relatively more health issues, so there they have to take extra care in terms of facilites, money, time and proper planning.

Why these needs must be addressed....

The future economic needs towards the healthcare system for any country is equally important like other planning. The growth and development of any country depends upon its people. Citizens are the pillar for the country and if the pillar is not strong enough then sustainability will be in danger. People should be strong in terms of mental and physical development both. For physical growth the people should be disease free, and free from the tention of being captured by any disease. If the healthcare system in the country is strong and developed enough then that will refelct on its citizens too. People will be more alert, disease free and more concious. Even if they are prone to some disease they will be free from the tension due to the existence of a strong healthcare system. Also the young generation and the children are the future of any country, due to the development of a stron healthcare system the youngsters and children will also be strong and free from the diseases due to proper vaccination etc so they will be able to think better and take and guide the country in a better way thereby growing and developing in the right manner with the country.


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