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Health care providers may vertically integrate not only to facilitate coordination of care, but also for strategic … health outcomes. Our findings suggest that subjecting integrated providers to higher-powered reimbursement incentives, i ….e., less cost-sharing, may enhance medical productivity. More generally, we conclude that it may be efficient for purchasers of …
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In this survey of recent research in health economics, I concentrate on studies that have appeared since 1971 or are in … are covered: (1) demand for adults' health and medical care; (2) effects of health on labor supply and wage rates; (3 …) demand for children's health and medical care and (4) selected topics pertaining to the supply side of the medical care …
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We develop an economic framework for valuing improvements to health and life expectancy, based on individuals … by about $1.5 trillion per year since 1970. The potential gains from future innovations in health care are also extremely …
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consumption. We investigate whether an aggregate health production function can help to explain the substantial fluctuations in … the rate of increase in longevity since 1960. We view longevity as the output of the health production function, and … models using annual U.S. time-series data on life expectancy, health expenditure, and medical innovation. Reliable annual …
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