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healthcare expenditures form a significant part of these outlays, and its share of total government expenditure has risen rapidly …. This paper argues that the determinants of growth in healthcare expenditure are partly to be found in the way healthcare is … characterized by rapidly increasing cost inflation. Healthcare today shows clear signs of being a "stagnant personal service" with …
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healthcare by granting the poor entitlement to tax-financed basic care without charge. We identify the impact of this policy by … comparing the target populationś change in healthcare utilization with that of poor adults already covered through employment … poorest. The probability of getting formal healthcare when sick is increased by almost two fifths, while the likelihood of …
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The aging population, the increasing number of lifestyle diseases and the increasing proportion of difficult-to-cure illnesses in the EU demands the use of modern medicine and modern medical technology. Such a situation leads to an increase of funds spent on the health sector. Therefore the...
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This paper discusses the relationship between medical innovations and ageing from a health economics perspective and surveys empirical evidence on medical R&D incentives, R&D costs of pharmaceuticals, and the cost-effectiveness of health innovations. Particular focus is on the endogeneity of...
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