Major concepts of health care economics.
review · Level V
Where this comes from
- Record sourced from PubMed, PMID 25732280.
- Also identified by DOI 10.7326/M14-1183.
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Abstract
This article applies major economic concepts, such as supply, demand, monopoly, monopsony, adverse selection, and moral hazard, to central features of U.S. health care. These illustrations help explain some of the principal problems of health policy-high cost and the uninsured-and why solutions are difficult to obtain.
Medical subject headings
- Delivery of Health Care
- Health Policy