IDEAS home Printed from https://ideas.repec.org/p/qld/uq2004/416.html
   My bibliography  Save this paper

Embedded Incentives in the Funding Arrangements for Residential Aged Care in Australia

Author

Abstract

We examine the Australian Government?s role in the market for residential aged care in Australia and consider its impact on the incentives of market participants. We find that, due to the structure of the funding arrangements, providers are likely to have an incentive to discriminate against high-care residents, in favour of low-care residents. Since high-care residents, unlike low-care residents, face few viable alternatives, many are forced into public hospital beds as a result. This has placed pressure on the broader health system. In providing lessons from our analysis for reform, we stress the importance of fostering proper incentives in policy design and infer the implications for health reform more broadly.

Suggested Citation

  • Steven D. Hamilton & Flavio M. Menezes, 2010. "Embedded Incentives in the Funding Arrangements for Residential Aged Care in Australia," Discussion Papers Series 416, School of Economics, University of Queensland, Australia.
  • Handle: RePEc:qld:uq2004:416
    as

    Download full text from publisher

    File URL: http://www.uq.edu.au/economics/abstract/416.pdf
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Paul L. Robertson & Lee J. Alston, 1992. "Technological choice and the organization of work in capitalist firms," Economic History Review, Economic History Society, vol. 45(2), pages 330-349, May.
    2. Coase, R H, 1988. "The Nature of the Firm: Influence," Journal of Law, Economics, and Organization, Oxford University Press, vol. 4(1), pages 33-47, Spring.
    3. Coase, R H, 1988. "The Nature of the Firm: Origin," Journal of Law, Economics, and Organization, Oxford University Press, vol. 4(1), pages 3-17, Spring.
    4. Richard N. Langlois, 2005. "The Secret Life of Mundane Transaction Costs," Working papers 2005-49, University of Connecticut, Department of Economics.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:qld:uq2004:416. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SOE IT). General contact details of provider: http://edirc.repec.org/data/decuqau.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.