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Question 8
Read Item E below and answer the question that follows. Item E The growth of the global health industry in recent years has meant that a wider range of services and... show full transcript
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The global health industry has expanded its range of services, resulting in better access to healthcare for many individuals. This includes a variety of health products and treatments that could enhance people's health. For instance, the availability of advanced medical technologies and innovative treatments can lead to improved patient outcomes such as quicker recovery times and better management of chronic illnesses.
However, this growth can lead to conflicts, as certain profitable treatments may be prioritized over equally important yet less profitable options, potentially neglecting some segments of the population who need basic healthcare services.
As the health industry grows, the focus on maintaining profits may take precedence over genuine health concerns. This could result in the promotion of unnecessary medical procedures or treatments that benefit the industry financially but do not significantly improve health outcomes. For example, pharmaceutical companies may market medications extensively while downplaying potential side effects, creating a scenario where patient health is compromised for profit.
Such an approach can lead to public distrust in healthcare providers and ultimately impact the overall health of the community as healthcare shifts from a need-based service to a profit-driven enterprise.
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