Major Concepts of Health Care Economics
2015
This article provides a short simple guide to major economic concepts, such as supply, demand, monopoly, monopsony, adverse selection, and moral hazard. Concepts are applied to central features of U.S. health care to illuminate some of the principal problems of health policy - high cost and the uninsured - and explain why solutions are difficult to obtain.
Major Concepts of Health Care Economics
Source:
Fuchs VR. Major Concepts of Health Care Economics. Annals of Internal Medicine 2015; 162 (5): 380-384. https://doi.org/10.7326/M14-1183
Not open access.
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