Health Economics combines current economic theory, recent research, and health policy problems into a comprehensive overview of the field. This thorough update of a classic and widely used text follows author Charles E. Phelps’s thirteen years of service as Provost of the University of Rochester. Accessible and intuitive, early chapters use recent empirical studies to develop essential methodological foundations. Later chapters build on these core concepts to focus on key policy areas, such as the structure and effects of Medicare reform, insurance plans, and new technologies in the health care community. -- From publisher's web site
CONTENT
Why health economics? -- Utility and health -- The transformation of medical care to health -- The demand for medical care : conceptual framework -- Empirical studies of medical care demand and applications -- The physician and the physician-firm -- Physicians in the marketplace -- The hospital as a supplier of medical care -- Hospitals in the marketplace -- The demand for health insurance -- Health insurance supply and managed care -- Government provision of health insurance -- Medical malpractice -- Externalities in health and medical care -- Managing the market : regulation and technical change -- Universal insurance issues and international comparisons of health care systems