Balancing the Goals of Health Care Provision
AbstractA desirable system for providing and financing health care would achieve three goals: (1) preventing the deprivation of care because of a patient's inability to pay; (2) avoiding wasteful spending; and (3) allowing care to reflect the different tastes of individual patients. Although it is not possible to realize fully all three of these goals, they can condition and inform the design of a good system for financing health care. This paper discusses the application of these goals in more detail and use them to consider a reform of the system of Health Savings Accounts that was enacted as part of the 2003 Medicare legislation and, separately, the challenge posed by the very expensive treatments for rare diseases that are becoming more common.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 12279.
Date of creation: Jun 2006
Date of revision:
Publication status: published as Feldstein, Martin. "Balancing The Goals of Health Care Provision and Financing." Health Affairs Vol 25, No 6, 1603-1611. November/December 2006
Note: HC PE
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Find related papers by JEL classification:
- I1 - Health, Education, and Welfare - - Health
- H2 - Public Economics - - Taxation, Subsidies, and Revenue
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-06-17 (All new papers)
- NEP-HEA-2006-06-17 (Health Economics)
- NEP-PBE-2006-06-17 (Public Economics)
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