In: Economics
Which of the following factors helps to explain the sustained increases in health care spending in the United States?
a) Increasing cost of malpractice insurance
b) Slow growth in labor productivity in healthcare compared with the economy as a whole
c) Unnecessary, inefficient paperwork
Ans) the correct option is a) a) Increasing cost of malpractice insurance
For many physicians, premiums have tripled or quadrupled in the last few years