Healthcare cost containment

Healthcare cost containment involves strategies and efforts to control the increasing expenses associated with medical services, treatments, and medications. The goal is to make healthcare more affordable for patients and the system while maintaining quality care. This can include measures like negotiating prices with providers, encouraging preventive care to avoid costly treatments later, using generic drugs, streamlining administrative processes, and adopting new technologies that improve efficiency. Effective cost containment helps ensure that healthcare remains accessible and sustainable for individuals and the broader healthcare system.