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

Can price controls induce optimal physician behavior?

G Wedig1, J B Mitchell, J Cromwell

  • 1University of Pennsylvania.

Journal of Health Politics, Policy and Law
|January 1, 1989
PubMed
Summary
This summary is machine-generated.

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

On the Management of Irregular Dentition.

The American journal of dental science·2019
Same author

Modelling of ultraviolet light inactivation kinetics of methicillin-resistant Staphylococcus aureus, vancomycin-resistant Enterococcus, Clostridium difficile spores and murine norovirus on fomite surfaces.

Journal of applied microbiology·2018
Same author

Effect of Tempol on the prevention of irradiation-induced mucositis in miniature pigs.

Oral diseases·2017
Same author

Oxidative stress in oral diseases.

Oral diseases·2014
Same author

CD44 is prognostic for overall survival in the NCI randomized trial on breast conservation with 25 year follow-up.

Breast cancer research and treatment·2013
Same author

In memoriam: William F. Diller (1902-1986).

European journal of protistology·2012
Same journal

Still Learning from Oregonians About Medicaid.

Journal of health politics, policy and law·2026
Same journal

Communicative Infrastructure and the Global Diffusion of Latin American Food Policy.

Journal of health politics, policy and law·2026
Same journal

Frankenstein or My Fair Lady? Lessons on Participatory Governance from Oregon Medicaid's Priority-Setting Experiment.

Journal of health politics, policy and law·2026
Same journal

How Medicare Advantage Enrollment Affects Spending in Traditional Medicare: Spillovers and Implications for MA Benchmarks.

Journal of health politics, policy and law·2026
Same journal

Abortion Politics: Physician Mobilization in the Wake of the Dobbs Decision.

Journal of health politics, policy and law·2026
Same journal

When Protections Work but Processes Stall: Evaluating the No Surprises Act's Implementation Record.

Journal of health politics, policy and law·2026
See all related articles

Price controls on physician services can improve welfare for well-insured patients, but physician income-targeting behavior may reduce benefits. Stronger measures may be needed to curb physician fee inflation.

Area of Science:

  • Health Economics
  • Public Policy
  • Healthcare Management

Background:

  • Policymakers are exploring price regulation in physician services to control costs.
  • Previous research (Feldman & Sloan) raised concerns about price controls impacting service quality.
  • The current study examines price controls considering insurance coverage and moral hazard.

Purpose of the Study:

  • To assess the welfare effects of price controls on physician services.
  • To analyze these effects independent of demand inducement and physician income targeting.
  • To evaluate the impact of insurance and moral hazard on price control efficacy.

Main Methods:

  • Extension of the Feldman/Sloan economic model.
  • Analysis incorporating consumer insurance coverage and moral hazard.

Related Experiment Videos

  • Empirical examination of Medicare fee freeze data to assess physician income targeting.

    • Main Results:

    • Price controls are likely welfare-improving for sufficiently insured consumers, irrespective of demand inducement.
    • Physician income-targeting behavior can diminish the positive effects of price controls.
    • Descriptive evidence suggests income targeting's impact may increase over time, despite small cross-sectional findings.

    Conclusions:

    • Price controls offer potential welfare gains in physician services, contingent on adequate insurance.
    • Physician income targeting poses a risk to the effectiveness of price regulations.
    • Achieving significant reductions in physician fee inflation may necessitate policies that link physician compensation to consumer expenditures.