Healthcare Expenditure

Healthcare expenditure refers to the total amount of money spent on health services and products. This includes spending by governments, private businesses, and individuals on hospitals, medical treatments, medications, and preventive care. It reflects how much a society invests in maintaining and improving the health of its population. High healthcare expenditure can indicate a commitment to health, but it can also raise concerns about sustainability and efficiency. Understanding these costs helps inform policies, allocate resources, and assess the effectiveness of healthcare systems in improving public health outcomes.