Many factors influence healthcare costs, including those unrelated to improving quality, such as general inflation in the economy and social circumstances like an increase in the population or bad habits. At the same time, the increased cost of healthcare is correlated with the invention of new technologies, which made it possible to execute more sophisticated procedures, which is in favor of quality.
Nevertheless, patients with small health insurance might receive healthcare of a lower quality than they need and forgo some life goods important for their well-being, thereby exacerbating their health condition. Thus, the cost of healthcare impacts its quality in different counterbalancing ways.
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