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We study the role of health care within a continuous time economy of overlapping generations subject to endogenous mortality. The economy consists of two sectors: final goods production and a health care sector, selling medical services to individuals. Individuals demand health care with a view...
Persistent link: https://www.econbiz.de/10011437147
This paper develops a theoretical model and then, using Canadian joint replacement surgery data, empirically tests the relationship between government policies that promote privately funded health care and patients' waiting time in the public health care system. Two policies are tested: one...
Persistent link: https://www.econbiz.de/10013100121
Quantity rationing is widely used by the traditional literature on public health care expenditure determination as a means to justify the coexistence of the private health care sector. However, this artefact is not suitable for a wide range of health care services that have an "all or nothing"...
Persistent link: https://www.econbiz.de/10014071958
We develop a general framework for optimal health policy design in a dynamic setting. We consider a hypothetical medical intervention for a cohort of patients where one parameter varies across cohorts with imperfectly observable linear dynamics. We seek to identify the optimal time to change the...
Persistent link: https://www.econbiz.de/10012948117
We study the welfare properties of direct restrictions based on cost-effectiveness against indirect methods represented by waiting lists in a public health care system. Health care is supplied for free, but with some restrictions by the public health sector. Patients can choose to address their...
Persistent link: https://www.econbiz.de/10014128611
This Article examines state constitutions and health care rights. Notably, close to a third of states' constitutions recognize health while the U.S. Constitution contains no reference. Ample scholarly commentary exists on the absence of a right to health care under the U.S. Constitution but...
Persistent link: https://www.econbiz.de/10013039459
We study the role of health care within a continuous time economy of overlapping generations subject to endogenous mortality. The economy consists of two sectors: final goods production and a health care sector, selling medical services to individuals. Individuals demand health care with a view...
Persistent link: https://www.econbiz.de/10011454352
We study the role of endogenous healthcare choices by households to extend their expected lifetimes on economic growth and welfare in a decentralized overlapping generations economy with the realistic feature that households' savings are held in annuities. We characterize healthcare spending in...
Persistent link: https://www.econbiz.de/10011611936
Background: Economic evaluation (EE) is a dynamically advancing knowledge area of health economics. It has been conceived to provide evidence for allocating scarce resources to gain the best value for money. The problem of efficiency of investments becomes even more crucial with advances in...
Persistent link: https://www.econbiz.de/10011890361
Travel restrictions are often imposed to limit the spread of infectious diseases. As uniform restrictions can be inefficient and incur unnecessarily high costs, this paper examines the optimal design of restrictions that target specific travel routes. We propose a model with trade-offs between...
Persistent link: https://www.econbiz.de/10013198844