Major concepts of health care economics.

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.

journal_name

Ann Intern Med

authors

Fuchs VR

doi

10.7326/M14-1183

subject

Has Abstract

pub_date

2015-03-03 00:00:00

pages

380-3

issue

5

eissn

0003-4819

issn

1539-3704

pii

2173507

journal_volume

162

pub_type

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