How can your business save on health insurance expenses? Find out in our Expense to Profit posts below all about Health Insurance expense reduction.
Global healthcare spending will reach over $10 trillion by 2022. The US easily has the greatest healthcare spending at $10,224 per capita globally. It was just discovered that Americans spend more on the top prescription drugs than the rest of the world combined. In fact, the US tends to spend twice as much as other countries (one-fifth of the entire country's GDP). However, contrary to what the figures suggest, healthcare margins are likely to shrink over the next five years. Because of this medical and healthcare providers will look to reduce internal costs.