"People have heterogenous life expectancies: women live longer than men, rich people live longer than poor people, and healthy people live longer than sick people. People are also subject to heterogenous outof- pocket medical expense risk. We show that all of these dimensions of heterogeneity...

This book provides key economic facts, explains the economic concepts needed to examine the implications of these facts, and summarizes the results of empirical studies regarding our healthcare system's access, cost, and quality problems as well as identifying six key trends that are reforming...

part Section I: Pressures for Change -- chapter 1 Access -- chapter 2 Cost -- chapter 3 Quality -- chapter Conclusion to Section I -- chapter Introduction -- chapter 4 Align Incentives via Payment System Design -- chapter 5 Managed Care Organizations, Accountable Care Organizations, and...