Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Financing health care.

M V Pauly1

  • 1Wharton School, University of Pennsylvania.

The Quarterly Review of Economics and Business
|December 5, 1990
PubMed
Summary
This summary is machine-generated.

Rising healthcare costs can be managed by controlling the intensity of care. A consumer choice model with health plan competition on technology adoption offers a solution, highlighting government failure in addressing the uninsured.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Making sense of a complex system: empirical studies of employment-based health insurance.

International journal of health care finance and economics·2003
Same author

Premium variation in the individual health insurance market.

International journal of health care finance and economics·2003
Same author

Community benefits: how do for-profit and nonprofit hospitals measure up?

LDI issue brief·2003
Same author

Financial incentives and drug spending in managed care.

LDI issue brief·2003
Same author

From hospital to drugstore: insurance and the shift to outpatient care.

LDI issue brief·2003
Same author

Kenneth Arrow and the changing economics of health care. Forward.

Journal of health politics, policy and law·2002
Same journal

Collaborative production and resource allocation: the consequences of prospective payment for hospital care.

The Quarterly review of economics and business·1992
Same journal

The effect of prospective payment under DRGs on the market value of hospitals.

The Quarterly review of economics and business·1991
Same journal

Hospital demand for physicians.

The Quarterly review of economics and business·1991
Same journal

The problem of attaining an efficient capital stock.

The Quarterly review of economics and business·1990
Same journal

Technology as culprit and benefactor.

The Quarterly review of economics and business·1990
Same journal

US health care policy in 1990: looking back, looking ahead.

The Quarterly review of economics and business·1990
See all related articles

Area of Science:

  • Health Economics
  • Public Policy
  • Healthcare Management

Background:

  • Healthcare costs are a significant and growing concern globally.
  • Existing cost-containment strategies have had limited success.

Purpose of the Study:

  • To identify the primary drivers of escalating healthcare expenditures.
  • To propose a novel framework for managing healthcare costs and technology adoption.

Main Methods:

  • Review of existing literature on healthcare cost growth.
  • Development of a theoretical model of consumer choice and health plan competition.

Main Results:

  • The rate of growth in the intensity of care is identified as the most impactful factor in healthcare cost escalation.

Related Experiment Videos

  • A model is proposed where consumer choice and inter-plan competition incentivize appropriate technology introduction.

    • Conclusions:

    • Controlling the intensity of care is crucial for effective healthcare cost management.
    • Market-based mechanisms, including informed consumer choice and plan competition, can guide technology adoption.
    • The presence of an uninsured population indicates a failure in governmental healthcare policy.