ENGLISH

The Economics of U.S. Health Care Policy: The Role of Market Forces: The Role of Market Forces

By Frank W. Musgrave

Book information

Publisher
M.E. Sharpe/Routledge
Year
2005
ISBN
0765612569, 9780765612564
Language
english
Format
PDF
Filesize
9 MB (9732006 bytes)
Pages
200\201
Time added
2021-08-22 10:42:59

Description

Designed as a primary text for courses in health care economics and policy analysis, this comprehensive work places the issues and economic analysis of the health care industry in the context of market forces driving the industry, including negotiated markets, managed care, and the growing influence of oligopolies. Written in accessible prose, without the aid of technical jargon and mathematical formulations, the content is rich with applicable, understandable economic concepts and analysis, and examples of market failure and government involvement. Some of the major policy issues covered are drug pricing, Medicare and Medicaid reform, the medically uninsured, for-profit hospital monopoly price power, managed care competitive pricing, and new negotiated markets. The relevant economic concepts employed in the text include price elasticity of demand/supply, market structure from competitive to oligopolistic markets, monopoly pricing power, measures of health care inflation and the biases of the CPI, demand and supply factors, inverse relationship of present health care expenditures as a percentage of GDP, measures/concepts of efficiency, and the role of government in a market era. Cover Half Title About the Author Title Page Copyright Page Dedication Table of Contents List of Tables and Figures Preface Acknowledgments 1. Introduction: Health Care Choices, Trade-Offs, and Ownership of Health Care Resources 2. The Mix of Health Services: More Market and More Government? 3. The Pricing of Drugs: Who Benefits and Who Pays? 4. Managed Care: Revolution, Evolution, or Devolution? 5. The Four “Cs” of the Uninsured: Causes, Characteristics, Consequences, and Corrections/Choices 6. Medical and Health Savings Accounts: Schemes That You Can Love! 7. The Medicare Reform School: Who Pays for the Rehabilitation? 8. Conclusions and Policy Implications Bibliography Index

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