TY - BOOK AU - Newhouse,Joseph P. TI - Pricing the priceless: a health care conundrum T2 - Walras-Pareto lectures SN - 9780262280600 AV - RA395.A3 N483 2002eb U1 - 338.4/33621/0973 21 PY - 2002/// CY - Cambridge, Mass. PB - MIT Press KW - Universidad Sergio Arboleda KW - gnd KW - Medical care KW - United States KW - Medical economics KW - Health insurance KW - Economics, Medical KW - Health Policy KW - economics KW - Insurance, Health KW - National Health Insurance, United States KW - Soins médicaux KW - États-Unis KW - Économie de la santé KW - Assurance-maladie KW - BUSINESS & ECONOMICS KW - Industries KW - General KW - bisacsh KW - fast KW - Gesundheitsökonomie KW - Gezondheidszorg KW - gtt KW - Economie KW - Ziektekostenverzekering KW - nli KW - rasuqam KW - Verenigde Staten KW - USA KW - swd KW - SOCIAL SCIENCES/Political Science/Public Policy & Law KW - ECONOMICS/Public Economics KW - Electronic books N1 - Includes bibliographical references (pages 239-254) and index; Fee-for-service medicine and its discontents -- The integration of medical insurance and medical care -- The management of moral hazard and stinting : demand- and supply-side prices -- Selection and the demand side -- Selection and the supply side -- Risk adjustment, market equilibrium, and carveouts : pulling a rabbit out of a hat?; Electronic reproduction; [Place of publication not identified]; HathiTrust Digital Library; 2021 N2 - The health care industry differs from most other industries in that medical pricing is primarily administered by the government and private insurers and in that it uses several types of contracts. Providers may receive a fixed sum for all necessary services within a given period of time, for the necessary services to treat a given condition, or for each specific service. The industry is changing dramatically, offering many natural experiments to aid understanding of the economics of pricing for health care.In Pricing the Priceless, Joseph Newhouse explains the different pricing systems and how they affect resource allocation and efficiency, focusing on the efficiency of pricing. He also discusses larger issues of equity, fair distribution of burden, and social justice. Although most of the examples are American-based, the same issues arise in all medical care financing and delivery systems, and the theories and models are general enough to apply to many institutional contexts. The topics include Medicare, managed care, the contemporary integration of health insurance and medical care, the management of moral hazard and stinting, uncertainty and risk aversion, the demand for health insurance, agency relationships, information disparities, regulation, and supply-side and demand-side selection UR - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=75026 ER -