EFFECTS OF INFLATION IN HEALTH CARE

THE EFFECTS OF INFLATION

• Knowing that inflation is the general increase in price level of goods and services is important.
• It helps you understand how it effects a country's economy

GENERAL EFFECTS

• An increase in the level of prices means a decrease in a country's purchasing power
• This means that it can greatly affect insurance companies, federal health care, and all health care alike

WHAT MIGHT HAPPEN

• A health care inflation could increase could increase employment or increase the number of hours worked