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The Simple Economics of Health
Is Health Care Different?
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adverse selection agency relationship Alain Enthoven alliances alternative American health average benefits British budget choice Clinton proposals competition consequence consumer consumption contributions cost cover coverage Culyer demand diseases doctors Economist employment encouraged externalities FEHBP flexible spending accounts friendly societies fundholders funds GDP Deflator Goodman and Musgrave groups health care market health care provision Health Economics TABLE health insurance health maintenance organisations Hillary Clinton HMOs incentive income increased individual inequality institutes labour less managed market failure market place medical profession medicine monopsony moral hazard National Health Service National Insurance natural rights NHS Hospital objective Office of Health paid patients payment percent physicians political politicians poor population practice practitioners premiums Price controls private health problem purchase queue Reekie reform resource allocation risk salary socialist Source suppliers supply Thatcher third party Tolpuddle Martyrs treatment uninsured