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Reducing Healthcare Costs Requires Good Market Design

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Author Info

  • Cramton Peter

    (University of Maryland)

  • Katzman Brett E

    (Kennesaw State University)

Abstract

Healthcare costs are no doubt too high, and Congress has been pushing for 13 years to harness market forces in Medicare procurement. But despite all this time, we are on the precipice of adopting a very poor market design according to Peter Cramton of University of Maryland and Brett Katzman of Kennewaw State University.

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File URL: http://www.degruyter.com/view/j/ev.2010.7.4/ev.2010.7.4.1802/ev.2010.7.4.1802.xml?format=INT
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Bibliographic Info

Article provided by De Gruyter in its journal The Economists' Voice.

Volume (Year): 7 (2010)
Issue (Month): 4 (October)
Pages: 1-4

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Handle: RePEc:bpj:evoice:v:7:y:2010:i:4:n:8

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Cited by:
  1. Arvate, Paulo & Barbosa, Klenio de Souza & Gambardella, Dante, 2013. "Generic-branded drug competition and the price for pharmaceuticals in procurement auctions," Textos para discussão 333, Escola de Economia de São Paulo, Getulio Vargas Foundation (Brazil).

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