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Healthcare costs continue to rise faster than GDP, taking up an increasing share of total U.S. expenditures. What is one way that we might reduce

Healthcare costs continue to rise faster than GDP, taking up an increasing share of total U.S. expenditures. What is one way that we might reduce total healthcare expenditures? Use the values on the table (estimates are totally fine) to illustrate how your proposal would reduce the total cost of healthcare.

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Average cost Demand for Supply of per visit office visits office visits (Millions/yr) (Millions/yr) $323 988 118 $647 928 208 $970 868 298 $1,293 808 388 $1,616 748 478 $1,940 688 568 $2,263 628 658 $2,586 568 748 $2,909 508 838 $3,233 448 928 Healthcare Market $3,500 $3,000 Average Price Per Visit $2,500 $2,000 $1,500 Demand for office visits Supply of officevisits $1,000 $500 SO 200 400 600 800 1000 1200 Millions of Office Visits Per Year

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