Impact Factor: 7.883
Submit Paper
Volume 11, Issue 4 (April 2025)

Study On The Rising Cost Of Healthcare And Their Impact On Economic Growth

Impact Factor
7.883
Call For Paper
Volume 12 Issue 07

July 2026

Download Paper Format
Copyright Form
Share on:

Author(s)

Kumuthavalli.MS Dr. M D .Chinnu

Abstract

The Rising Cost Of Healthcare Has Become A Significant Economic Challenge, Affecting Both Individuals And National Economies. As Healthcare Expenditures Increase, They Place A Financial Burden On Governments, Businesses, And Households, Potentially Reducing Disposable Income, Limiting Investment In Other Sectors, And Exacerbating Income Inequality. High Healthcare Costs Also Impact Labour Productivity, As Individuals And Businesses Struggle With Medical Expenses And Insurance Premiums. Additionally, Excessive Spending On Healthcare Can Strain Public Finances, Diverting Resources From Infrastructure, Education, And Other Essential Services. This Paper Examines The Key Drivers Of Rising Healthcare Costs, Their Implications For Economic Growth, And Potential Policy Solutions To Balance Affordability, Quality, And Accessibility In Healthcare Systems. Addressing These Challenges Is Crucial For Ensuring Sustainable Economic Development And Improving Overall Societal Well-being.


Keywords

Healthcare Costs Economic Growth Public Expenditure Labour Productivity Income Inequality Fiscal Deficit Healthcare Policy Medical Inflation Healthcare Access Innovation In Healthcare.

Paper ID

IJSARTV11I4103185

Publication Date

April 17, 2025

Research Area

Economics And Consumer Behaviour

Submit Your Paper to IJSART

Join the global research community with IJSART. Submit your paper, share your work, and gain worldwide recognition!