The impact of increasing life spans on healthcare costs

As people live longer, healthcare costs rise due to the need for managing chronic conditions. Advancements in medicine have prolonged life but also increased healthcare expenses. The rise in life expectancy has resulted in a higher demand for healthcare services and treatments. This trend puts pressure on healthcare systems to provide quality care while keeping costs under control. With more elderly individuals requiring medical attention, resources must be allocated efficiently. Implementing preventive measures can help reduce healthcare costs in the long run. Addressing the impact of increasing life spans on healthcare costs requires strategic planning and innovative solutions.
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