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Healthcare Expenditures

Meaning

The total financial outlay incurred by individuals, public and private payers, or the entire economy for the provision, maintenance, and improvement of health services, medical goods, and public health activities. In the context of hormonal health and wellness, these expenditures are often driven by the treatment of chronic, preventable conditions like type 2 diabetes, cardiovascular disease, and obesity-related disorders. Proactive health strategies aim to reduce these costs by preventing disease progression.