The Economics of Health Reconsidered
IN THIS SUMMARY
Recent years have seen a surge of interest in reforming the organization and delivery of health systems in developed countries, including the United States. While health economists recognize the need for government involvement in the marketplace, they tend to advocate reliance on market forces in any healthcare reform efforts. In this newest edition of The Economics of Health Reconsidered, authors Thomas Rice and Lynn Unruh attempt to make the case why, despite assertions to the contrary, neither economic theory nor evidence shows that reliance on market forces leads to superior healthcare systems. They believe that government has a critical role to play in making the healthcare sector not only more equitable but more efficient as well.