Normal view MARC view ISBD view

Pricing the priceless : [publication] : a health care conundrum /

by Newhouse, Joseph P.
Material type: materialTypeLabelBookPublisher: Cambridge, Mass. ; London : The MIT Press, 2002, cop. 2002Description: VIII, 258 p. ; 24 cm.ISBN: 0262140799.MeSH subject(s): Economics, Medical | Insurance, Health | Health Policy | Health Policy -- economics | Insurance, Health -- economicsPUBLICATION TYPE SAPHIR: MonographSummary: 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 services. Medical providers may also be reimbursed on the basis of cost. The industry is changing dramatically, offering many natural experiments to aid understanding of the economics of pricing for health care. [Contents] : 1 Fee-for-service medicine and its discontents. 2 The integration of medical insurance and medical care. 3 The management of moral hazard and stinting demand- and supply-side prices. 4 Selection and the demand side. 5 Selection and the supply side. 6 Risk adjustment, market equilibrium, and carveouts: pulling a rabbit out of a hat ?
No physical items for this record

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 services. Medical providers may also be reimbursed on the basis of cost. The industry is changing dramatically, offering many natural experiments to aid understanding of the economics of pricing for health care. [Contents] : 1 Fee-for-service medicine and its discontents. 2 The integration of medical insurance and medical care. 3 The management of moral hazard and stinting demand- and supply-side prices. 4 Selection and the demand side. 5 Selection and the supply side. 6 Risk adjustment, market equilibrium, and carveouts: pulling a rabbit out of a hat ?