Economics of health and medical care.

Format:

Book

Author/Creator:

Hicks, Lanis L.

Contributor:

Jacobs, Philip, 1943-

Elizabeth Bowers Peck, 1929 Endowment Book Fund.

Language:

English

Subjects (All):

Medical economics.

Medical economics--United States.

United States.

Economics, Medical.

Medical Subjects:

Economics, Medical.

United States.

Physical Description:

xxx, 599 pages : illustrations ; 26 cm

Edition:

Sixth edition / Lanis Hicks.

Place of Publication:

Burlington, MA : Jones & Bartlett Learning, [2014]

Summary:

Hicks (health management and informatics, U. of Missouri, Columbia) introduces public health students to the economic approach to understanding healthcare issues and problems, based on the identification of scarcity as a major cause of many problems. She focuses on how to think about economic problems in a systematic way and the three main economic tasks in a health context--descriptive, explanatory, and evaluative economics--and the medical care, health insurance, and the labor markets. This edition has more on health insurance to incorporate more theory on insurance markets and the implications that insurance has for efficiency in the industry, and new coverage of healthcare reform and its impact on different sectors of the economy and individuals in the system and other changes in health policy, such as the implications of the Health Information for Economics and Clinical Health (HITECH) Act. The glossary has been updated and expanded, and the text has more on Medicare to include Part C and Part D, the conversion of the original Diagnosis-Related Groups system, employer-based insurance, rationing, capitation and salaried physicians, the net-benefit approach and the benefit-cost ratio approach, normal and inferior goods, expectations, and substitution effects, and moral hazard, including Nyman's model. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)

Contents:

Output of the healthcare sector

Economic dimensions of the healthcare system

Demand for medical care : a simple model

Additional topics in the demand for health and medical care

Healthcare production and costs

Behavior of supply

Provider payment

Competitive markets

Market power in healthcare

Health insurance

The labor market

Economic evaluation of health services

Value judgments and economic evaluation

Financing health care

Public health insurance

Reform of the healthcare market

Regulation and antitrust policy in health care

Evolving issues in health care.

Notes:

Rev. ed. of: Economics of health and medical care / Philip Jacobs, John Rapoport. 5th ed. Aspen Publishers. c2002.

Includes online access code.

Includes bibliographical references and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Elizabeth Bowers Peck, 1929 Endowment Book Fund.

Related Work:

Jacobs, Philip, 1943- Economics of health and medical care.

ISBN:

9781449629861

1449629865

9781449665395

144966539X

OCLC:

793814207