The primary factor underlying escalating health and long-term care costs is:
A) more people are reaching old age.
B) older people and their families are paying less for care.
C) older people's disproportionate utilization of hospital and physician services.
D) the growth of medical technology.

Question

Quizplus · Accepted Answer

The growth of medical technology has led to the development of expensive treatments, procedures, and medications, which contribute significantly to the overall cost of healthcare and long-term care. This increased use of technology, coupled with an aging population, is expected to continue driving up costs in the coming years. While options A, B, and C are also relevant factors, they are not the primary factor driving escalating costs.

The Primary Factor Underlying Escalating Health and Long-Term Care Costs