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E-book
Author Newhouse, Joseph P

Title Pricing the priceless : a health care conundrum / Joseph P. Newhouse
Published Cambridge, Mass. : MIT Press, ©2002

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Description 1 online resource (viii, 258 pages) : illustrations
Series Walras-Pareto lectures
Walras-Pareto lectures (Unnumbered)
Contents Fee-for-service medicine and its discontents -- The integration of medical insurance and medical care -- The management of moral hazard and stinting : demand- and supply-side prices -- Selection and the demand side -- Selection and the supply side -- Risk adjustment, market equilibrium, and carveouts : pulling a rabbit out of a hat?
Summary The health care industry differs from most other industries in that medical pricing is primarily administered by the government and private insurers and in that it uses several types of contracts. Providers may receive a fixed sum for all necessary services within a given period of time, for the necessary services to treat a given condition, or for each specific service. The industry is changing dramatically, offering many natural experiments to aid understanding of the economics of pricing for health care. In Pricing the Priceless, Joseph Newhouse explains the different pricing systems and how they affect resource allocation and efficiency, focusing on the efficiency of pricing. He also discusses larger issues of equity, fair distribution of burden, and social justice. Although most of the examples are American-based, the same issues arise in all medical care financing and delivery systems, and the theories and models are general enough to apply to many institutional contexts. The topics include Medicare, managed care, the contemporary integration of health insurance and medical care, the management of moral hazard and stinting, uncertainty and risk aversion, the demand for health insurance, agency relationships, information disparities, regulation, and supply-side and demand-side selection
Analysis SOCIAL SCIENCES/Political Science/Public Policy & Law
ECONOMICS/Public Economics
Bibliography Includes bibliographical references (pages 239-254) and index
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
English
Print version record
digitized 2021. HathiTrust Digital Library committed to preserve pda MiAaHDL
SUBJECT Universidad Sergio Arboleda gnd
Subject Medical care -- United States.
Medical economics -- United States
Health insurance -- United States.
Medical economics.
Economics, Medical
National Health Insurance, United States
Health Policy -- economics
Insurance, Health -- economics
BUSINESS & ECONOMICS -- Industries -- General.
Health insurance
Medical care
Medical economics
Gesundheitsökonomie
Gezondheidszorg.
Economie.
Ziektekostenverzekering.
Medical care -- United States.
Medical economics -- United States.
Health insurance -- United States.
Assurance-maladie.
Soins médicaux.
Économie de la santé
United States
USA
Verenigde Staten.
États-Unis.
Form Electronic book
ISBN 9780262280600
0262280604
0585437076
9780585437071
0262140799
9780262140799