Medical costs have always been a matter of concern for a lot of people, and an increase in the costs can affect a large number of people. As 2018 is around the corner, the people have already started speculating whether the health care costs will increase, decrease, or stay the same.
As per PwC, the healthcare costs are expected to increase in 2018, but there would only be a slight increase in the costs. These increased costs are being termed as the “New Normal” in the healthcare industry. The industry experts are accentuating on the fact that the healthcare industry must adjust to the new normal because the costs will keep increasing modestly over the coming years as well.