The Economics of Health and Health Care
Pearson Prentice Hall, 2007 - Business & Economics - 607 pages
This clear, step-by-step best-selling introduction to the economics of health and health care thoroughly develops and explains economic ideas and models to reflect the full spectrum of the most current health economics literature.This book uses core economic themes as basic as supply and demand, as venerable as technology or labor issues, and as modern as the economics of information. Chapter topics include health care, health capital, information, health insurance markets, managed care, nonprofit firms, hospitals, physicians and labor, the pharmaceutical industry, government intervention and regulation, and epidemiology and economics.Useful as a reference work for health service researchers, government specialists, and physicians and others in the health care field.
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BASIC ECONOMICS TOOLS
Microeconomic Tools for Health Economics 20
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adverse selection amount analysis asymmetric information average cost budget coinsurance coinsurance rate competitive Consider consumer coverage decision demand curve demand for health drugs economists effect efficiency employer equilibrium estimates example factors Figure for-profit groups health economics health insurance health status higher impact improve incentives income increase indifference curve individual inputs investment isocost isoquant issues labor less lower managed marginal benefit marginal cost marginal product marginal revenue marginal utility maximize measure Medicaid Medicare monopoly moral hazard nonprofit hospitals nursing home opportunity cost output patients payment percent perfect competition physician plans population practice premium price elasticity problem production function profits programs purchase QALYs quantity demanded reduce regulation relative result risk role sector slope social spending studies substitution Suppose theory tion treatment uninsured United utility variables wage welfare workers