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...
The health care industry differs from most other industries in that medical pricing is primarily administered by the government and private insurer...
From 1971 to 1982, researchers at the RAND Corporation devised an experiment to address two key questions in health care financing: how much more medical care will people use if it is provided free of charge? and what are the consequences for their health? This book presents a comprehensive account of the experiment and its findings. It will be an invaluable teaching tool and reference for anyone concerned with health-care policy.
From 1971 to 1982, researchers at the RAND Corporation devised an experiment to address two key questions in health care financing: how much more medi...
