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The Economics of Health and Medical Care

by: Jacobs, Philip

The Economics of Health and Medical Care

by: Jacobs, Philip

ISBN 13:
9780834219373
ISBN 10:
0834219379
Edition: 5th
Format: Hardcover
Copyright: 02/01/2002
Publisher: Jones & Bartlett Pub.
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Summary

This newly updated and expanded edition strikes the necessary balance of population-based health economics and the more traditional. market-oriented approach to health care economics.

Introduction

(1)

Three Major Tasks of Economics

(1)

Tools Used In Economic Analysis

(7)

Outline of Contents

(2)

How To Use This Book

(3)

PART I---DESCRIPTIVE ECONOMICS

(38)

Output of the Health Care Sector

(18)

Introduction

(1)

Medical Care

(3)

Risk Shifting and Health Insurance

(2)

Health Status

(7)

Consumption and Investment Output

(5)

Economic Dimensions of the Health Care System

(18)

Introduction

(1)

Economic Units and Economic Flows

(8)

Cost of Activities

(9)

PART II---EXPLANATORY ECONOMICS

(214)

Demand for Medical Care: A Simple Model

(25)

The Concept of Demand

(1)

Individual Demand: The Price-Quantity Relation

(4)

Deriving the Demand Relationship

(4)

Market Demand

(1)

Measuring Quantity Responsiveness To Price Changes

(5)

Insurance, Out-of-Pocket Price, and Quantity Demanded

(4)

Elasticity of Demand Estimates

(7)

Additional Topics in the Demand for Health and Medical Care

(16)

Introduction

(1)

Implications of Health Care for Life and Health

(1)

External and Social Demand for Medical Care

(1)

Influence of Quality on the Demand for Medical Care

(1)

Time and Money Costs

(1)

The Demand for Health

(1)

Agency Theory and Supplier-Induced Demand

(10)

Health Care Production and Costs

(30)

Introduction

(1)

Production: The Input-Output Relation

(6)

Short-Run Cost-Output Relations

103

(5)

Cost Curve Position

108

(2)

Economies of Scope

110

(2)

Long-Run Cost Curves

112

(1)

Empirical Estimation of Cost Curves

113

(13)

Behavior of Supply

126

(21)

Introduction

126

(1)

A Model of Supply Behavior: An Individual For-Profit Company

127

(7)

Market Supply

134

(1)

Supply Behavior of Nonprofit Agencies: The Output Maximization Hypothesis

135

(3)

Supply Decisions Involving Quality

138

(2)

Supply Behavior of Nonprofit Agencies: The Administrator as Agent Model

140

(7)

Provider Payment

147

(27)

Introduction

147

(1)

Principal-Agent Relationships Among Payers and Providers

148

(1)

Physician Reimbursement

148

(5)

Hospital Reimbursement

153

(4)

Diagnosis-Related Groups

157

(3)

Long-Term Care Facility Reimbursement

160

(1)

Health Maintenance Organizations

161

(2)

Provider Supply under Managed Care

163

(11)

Competitive Markets

174

(28)

Introduction

174

(1)

The Competitive Model: Assumptions

175

(1)

The Competitive Model: Predictions

176

(9)

Evidence for and against the Competitive Model

185

(3)

Competitive Bidding

188

(2)

Supplier-Induced Demand

190

(12)

Market Power in Health Care

202

(26)

Introduction

202

(1)

Monopolistic Markets

203

(7)

Monopsony--Buyers' Market Power

210

(2)

Market Structure and Its Determinants

212

(5)

Nonprice Competition and Market Power

217

(11)

Health Insurance

228

(20)

Introduction

228

(1)

Demand for Health Insurance

229

(10)

Supply of Health Insurance

239

(3)

Adverse Selection in Health Insurance Markets

242

(6)

The Labor Market

248

(19)

Introduction

248

(1)

Demand for Labor

249

(3)

Labor Supply

252

(4)

The Competitive Labor Market

256

(3)

Market Power in Labor Markets

259

(8)

PART III---EVALUATIVE ECONOMICS

267

(128)

Value Judgments and Economic Evaluation

269

(22)

Introduction

269

(1)

Values and Standards in Economic Evaluation

270

(1)

Efficient Output Levels

271

(9)

Optimal Health Insurance

280

(1)

Extra-Welfarism

281

(2)

Concepts of Equity

283

(2)

Goals of Health Policy

285

(6)

Financing Health Care

291

(16)

Introduction

291

(1)

Financing Means and Burdens in the United States

292

(1)

Economic Analysis of Alternative Payment Sources

293

(8)

The Incidence of Alternative Types of Health Care Financing

301

(3)

The Administrative Cost of Alternative Types of Health Care Financing

304

(3)

Public Health Insurance

307

(23)

Introduction

307

(1)

Public Health Insurance

307

(6)

Uncovered Care

313

(1)

Some Trends in Public Health Insurance

314

(3)

Goals of Medicare

317

(1)

Policy Alternatives for Medicare

318

(4)

Policy Alternatives for Medicaid

322

(8)

Reform of the Health Care Market

330

(20)

Introduction

330

(1)

Insurance Market Reform

331

(7)

Managed Care

338

(6)

Information and Consumer Choice

344

(6)

Regulation and Antitrust Policy in Health Care

350

(24)

Ronald P. Wilder

Introduction

350

(2)

Regulation of Health Care

352

(5)

Antitrust Policy

357

(17)

Economic Evaluation of Health Services

374

(21)

Introduction

374

(1)

The Purposes of Economic Evaluation

375

(1)

Selecting the Right Type of Analysis

375

(1)

Guidelines for Conducting a Cost-Effectiveness Analysis

376

(10)

Cost-Benefit Analysis

386

(9)

Appendix A---Glossary of Health Economics Terms

395

(20)

Appendix B---Answers to Odd-Numbered Questions

415

(10)

Index

425

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The Economics of Health and Medical Care

The Economics of Health and Medical Care

9780834219373

0834219379

Summary

Table of Contents

Supplemental Materials

Write a Review

Rent More, Save More! Use code: KBRENTAL

5% off 1 book, 7% off 2 books, 10% off 3+ books

The Economics of Health and Medical Care

The Economics of Health and Medical Care

9780834219373

0834219379

Summary

Table of Contents

Supplemental Materials

Write a Review

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