What Impact Does A Recession Have On The Health Care Industry?
in a recession, there is less money for the average consumer to spend.
therefore, not as many are paying for health insurance, can afford copays, or prescription drugs.
because of this the insurance companies, drug companies, even doctor offices are not as much in demand.
demand goes down, prices go up.
also, the health care system has to treat more pro bono driving their costs up.
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