Over the past 20 years, the socio-demographic landscape of the United States has changed significantly. This has had a direct impact on the cost of healthcare in the US. The aging population, increased prevalence of chronic diseases, and rising costs of medical care have all contributed to the rising cost of healthcare. Additionally, the increasing number of uninsured individuals has put a strain on the healthcare system, as hospitals and other providers are forced to absorb the costs of providing care to those without insurance. Finally, the increasing cost of prescription drugs has also contributed to the rising cost of healthcare.
