Projecting a Long Term Expenditure Growth in Healthcare Service: A Literature Review

The upsurge and control of healthcare expenditure growth are becoming a thought-provoking issue for numerous governments globally in spite of the fact that health is one of the superseding fundamentals of physical condition. Nevertheless, with the growing rate of an ageing population and increasing prolonged health difficulties, the protection of the quality of life demands better health spending on the part of the government. Generally, there are huge variances on the dimensions of monetary obligation nations dedicate to health. In this regard, this paper aims to project a long-term expenditure growth in health care service as it is believed that the outcome of this paper will contribute and suggest a policy direction to the government and concern organizations on the effective management of healthcare system.