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Pricing the Priceless A Health Care Conundrum

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ISBN-10: 0262140799

ISBN-13: 9780262140799

Edition: 2002

Authors: Joseph P. Newhouse

List price: $40.00
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Description:

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 service. The industry is changing dramatically, offering many natural experiments to aid understanding of the economics of pricing for health care. In Pricing the Priceless, Joseph Newhouse explains the different pricing systems and how they affect resource allocation and efficiency, focusing on the efficiency of pricing. He also…    
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Book details

List price: $40.00
Copyright year: 2002
Publisher: MIT Press
Publication date: 9/9/2002
Binding: Hardcover
Pages: 248
Size: 6.25" wide x 9.00" long x 0.75" tall
Weight: 1.144
Language: English

Joseph P. Newhouse is the John D. MacArthur Professor of Health Policy and Management, Harvard University.

Preface and Acknowledgments
Introduction
Fee-for-Service Medicine and Its Discontents
The Integration of Medical Insurance and Medical Care
The Management of Moral Hazard and Stinting: Demand- and Supply-Side Prices
Selection and the Demand Side
Selection and the Supply Side
Risk Adjustment, Market Equilibrium, and Carveouts: Pulling a Rabbit Out of a Hat?
Notes
References
Index