The growing application of cost-effectiveness (CE) analysis and controversies about its methods has led to a need to explore its welfare economic foundations. Examination of its welfare theoretic foundations can provide a rationale for selecting specific standards for the application of CE...

Long-term care is an important means of providing basic and humanitarian care for elderly Americans who are severely disabled. The demand for long-term care is likely to increase dramatically as baby-boomers begin to reach advanced ages. Long-term care has been a focus of health care reform...