How Supply, Demand and New Policies Affect the Costs of Medical Supplies, Healthcare

Just like other markets, the costs of medical supplies, healthcare services and insurance premiums are affected by supply and demand. In general, when there is high demand for a product or service and supplies are limited, costs rise. That being said, there are other factors responsible for influencing the costs associated with healthcare: These factors … Continue reading How Supply, Demand and New Policies Affect the Costs of Medical Supplies, Healthcare