Bouthevillain and Hervé examine the policy problems posed by the expansion of health expenditure in France and in other developed countries. They provide a concise overview of the main features of the different health-care systems and consider some aspects of insurance theory that apply to...

The health systems we enjoy today, and expected medical advances in the future, will be difficult to finance from public resources without major reforms. Public health spending in OECD countries has grown rapidly over most of the last half century. These spending increases have contributed to...