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Unnecessary health care (overutilization, overuse, or overtreatment) is health care provided with a higher volume or cost than is appropriate. [1] In the United States, where health care costs are the highest as a percentage of GDP, overuse was the predominant factor in its expense, accounting for about a third of its health care spending ($750 billion out of $2.6 trillion) in 2012.
Reduce medication burden and harm. Deprescribing is a process of tapering or stopping medications to achieve improved health outcomes by reducing exposure to medications that are potentially either harmful or no longer required. [1]
Pork barrel, or simply pork, is a metaphor for the appropriation of government spending for localized projects secured solely or primarily to direct expenditures to a representative's district. The usage originated in American English , and it indicates a negotiated way of political particularism .
Since it’s never a bad idea to build better financial habits, cut unnecessary expenses, and boost savings, GOBankingRates put together nine ways for you to kickstart a frugal 2025, according to ...
Merriam-Webster's Dictionary named the word austerity as its "Word of the year" for 2010 because of the number of web searches this word generated that year. According to the president and publisher of the dictionary, " austerity had more than 250,000 searches on the dictionary's free online [website] tool" and the spike in searches "came with ...
As for any other normal good, an income rise will lead to a rise in demand, but the increase for a necessity good is less than proportional to the rise in income, so the proportion of expenditure on these goods falls as income rises. [2] If income elasticity of demand is lower than unity, it is a necessity good. [3]
Open AI CEO Sam Altman isn't done firing shots at Elon Musk. Altman said the Tesla boss was "clearly a bully" who likes to pick fights with rivals.
A demand is usually seen as artificial when it increases consumer utility very inefficiently; for example, a physician prescribing unnecessary surgeries would create artificial demand. [3] Government spending with the primary purpose of providing jobs (rather than delivering any other end product) has been labelled "artificial demand". [4]