Impact of health care costs

Health care costs impact on health care access and healthcare delivery

The law of supply says that , other things remaining the same , when there is a rise in the price of a good or service there will be a rise in the supply of the same and vice versa (Gould and Ferguson : 1980 .The law of demand says that , other things remaining the same , when there is a rise in the price of a good or service there will be a fall in the demand of the same and vice versa (Gould and Ferguson

: 1980

These laws are as applicable to health care facilities as to other sectors of the economy . The cost of producing a good or service largely determines its price which , in turn , determines its demand and supply health care delivery has to do with the supply of health care services and goods and access is the demand side of the same

In a market oriented economy the laws of supply and demand will largely determine the delivery of and access to health facilities higher the price lower the access and lower the price lower the delivery , other things remaining the same

If the health services are mainly provided by the government , such as a welfare state or a less-developed country , government bears maximum cost of the health facilities and these facilities are meant for masses . In such a situation if government allocates sufficient funds for health facilities the delivery of health facilities is adequate and access...