Institute: ONC | Component: 1 | Unit: 5 | Lecture: c | Slide: 5
Institute:Office of National Coordinator (ONC) Workforce Training Curriculum
Component:Introduction to Health Care and Public Health in the U.S.
Unit:Financing Health Care - Part 2
Lecture:Factors Contributing to Increasing U.S. Health Care Costs
Slide content:Factors Contributing to High Health Care Expenditures Technology Increased demand and utilization Chronic disease Aging population Administrative costs 7% of health care expenditures in the U.S. Twice the average of other industrialized countries 5
Slide notes:The factors that contribute to higher health care expenditures include technology, increased demand for and utilization of health care due to chronic disease and the aging population. This results in rising hospital and physician costs, as well as increased pharmaceutical demand and cost. In addition, administrative costs account for approximately seven percent of health care expenditures in the U.S., twice the average of other industrialized countries. 5