The new technologies developed in the field of medical care are cost-increasing innovations and because costs are not paid by the users,the increased technology increases demand.

Question

Quizplus · Accepted Answer

The statement accurately describes the relationship between the development of new medical technologies and their costs, as well as their impact on demand for healthcare services. These innovations often come with high costs, which are typically not directly paid by patients. As a result, their availability can increase demand for healthcare services and overall costs of healthcare.

The New Technologies Developed in the Field of Medical Care