Healthcare cost inflation is back in the headlines - Pharmaceutical Technology

The shock to global trade risks triggering a sustained period of higher medical inflation while cost-of-living crises threaten healthcare affordability. Rising medical costs, which are caused in part by the external trade pressure in the Gulf, are a key risk factor driving household debt and widening access inequality globally. The financial strain on households from rising out-of-pocket healthcare costs could result in a shift toward lower-cost treatments or decisions to defer treatment. Credit: Lightspring via Shutterstock.com. Blockades by both Iran and the US in the Strait of Hormuz, as they negotiate an end to the conflict, continue to drive up…

Source: Pharmaceutical Technology