The health care market: theory and reality
Article Abstract:
It seems likely that the federal and state governments will continue to play a role in the US health care system. A market approach to health care was supposed to reduce costs by reducing expensive procedures and specialist consultations. However, since the rise of managed care organizations in the 1980's, total US health care costs have actually doubled, reaching $1 trillion in 1995. Most for-profit managed care organizations have little incentive to fund medical education, clinical research or charity care. Consequently, much of medicine's infrastructure will still be financed by the federal and state governments.
Publication Name: JAMA, The Journal of the American Medical Association
Subject: Health
ISSN: 0098-7484
Year: 1996
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US Health System Reform in the Early 21st Century
Article Abstract:
Federal health policy should tie increases in health care funding to the gross national product in order to control costs. Medicare policy seeks to reduce federal health expenditures by 2002, increase funding for research, and expand coverage. Any health reform should consider the large number of uninsured persons in the face of excess hospital capacity. Reform should incorporate the uninsured, but maintain the public right to choose caregivers and pay for care beyond basic services.
Publication Name: JAMA, The Journal of the American Medical Association
Subject: Health
ISSN: 0098-7484
Year: 1998
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