Both companies and patients. The more stakeholder in the field there are, the more patients will have to pay medical expenses.

Prior to the introduction and use of insurance in hospitals in the past, medical costs were not expensive. Patients who have insurance have the option of walking into a hospital, get treated, and get home with no needing everything out-of-pocket. The hospital will then charge the insurance provider of the patient for the service. Insurance companies pay higher for hospital services than they would pay the patients in order to pay for their expenses. The greater cost is a result of the delay in payment that the hospital suffers. It also increases the cost of treatment as well as the cost of treatment.

In the 50s and 60s, until the end of the 70s, hospitals served as philanthropy centres. Hospitals are now for-profit organizations. There are shareholders that expect to see a return on their investment. As a result, healthcare can become an expensive service. To provide high quality care, competition increases hospital investment costs. Facilities that are of higher quality mean greater costs. Hospitals for profit have to hire additional staff, and compensate them adequately. Patients must also be able to pay for the services provided by the hospitals in order to cover their employees. gph1lzjort.