Health Policy

Health Policy Name Institution Course and Code Professor Date Health Policy The primary health stakeholders, such as employers, consumers, healthcare providers, and policymakers, are significantly affected by the problem of rising healthcare costs. Some factors that affect healthcare costs in my area of work include increased costs of medications, laboratory tests, inaccessibility of public health insurance, misdiagnoses, and the advancement of medical technologies (Estes et al., 2013). The healthcare cost can be reduced by implementing various strategies. They include avoiding the repetition of laboratory tests, diagnosing patients correctly, ensuring that public health insurance is accessible, and including nurses in the discussions of healthcare cost containment. Besides, medical services should be affordable so that all people can access them to facilitate healthy lifestyles (Vanness, Lomas, & Ahn, 2021). Notably, the attempt to contain the rising co...