ECONOMICS AND THE GROWTH OF MODERN MEDICINE
In the history of health care delivery, the development of various types of technologies has advanced the growth of medical care. Examples of lifesaving technology include the development of the microscope, X-rays, surgical equipment, and medications. These life saving technologies have contributed to increased longevity and life expectancy. These technologies have also brought with them increased cost, the emergence of health insurance, managed care, and high malpractice premiums and awards.
Has the benefit derived from these technologies outweighed the associated costs? Why or why not? To support your comments, select, state, and explain about at least two technological developments that have impacted these costs.
Respond to the posts of any two of your peers. Compare the technological developments that your peers cited. Which carry a larger cost—yours, or the technological developments your peers have chosen? What benefits might they have missed and what shortcomings of technology should they consider?
Respond to these question using available resources from your text, the Capella University library, and the Internet. Make sure to include the source citations and references for any outside sources used. Your reply should be in approximately 250–400 words and in APA format.
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