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American business ethics and health care costs
T M Garrett1, R J Klonoski, H W Baillie
1University of Scranton, PA.
Health Care Management Review
|January 1, 1993
Abstract:
The health care industry operates in the margin between market competition and social welfare programs. Violations of business ethics on the market side add considerably to costs. When the inefficient use of resources and market distortions due to power and ignorance as well as legal and subsidized monopolies are added, increased costs can approach $100 billion. Modest remedies are suggested.