Principles in Health Economics and Policy
Examining the different structures and techniques involved in making decisions about who benefits from those health care resources available in a publicly funded system, this book provides a concise and compact introduction to health economics and policy.
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allocated allocative efficiency alternative altruism asymmetric information behaviour benefits capital Chapter choice co-payments concept consider consumer consumption cost-effectiveness countries demand curve descriptive systems disease distribution doctors economic evaluation economists equal equity expected externalities fee for service Figure financing forgone health care health care costs health care provider health economics health effects health gains health insurance health policy health-related Hence higher hospital ill health illustrates implications improved health incentive income increased indifference curve individual individual’s input factors intervention isoquant issue labour less lifestyle loss marginal costs market failure measure monetary moral hazard opportunity cost optimal Pareto-efficient patient payments people’s positive preferences premium primary production gains public bad QALY quantity reduce reimbursement relative revenues rich risk secondary care social Social health insurance society supply curve third-party payer tion trade-off types of health unhealthy unit variable welfare economics