Constrained choice sets in the U.K. demand for private medical insurance

Article Abstract:

This paper analyzes the demand for a private service that exists in a given market despite the existence of a public service that is available 'free' and on demand from a governmental entity. The specific example is the health insurance industry in the United Kingdom, which is examined through a comparison of the 'free' services offered by the National Health Service and the more limited and costly services offered by private sector insurance companies. The focus of the paper is on the two processes that govern consumer preference in the circumstance of limited choice constraint.

Accident and health insurance, Supply and demand, Health insurance, Health insurance industry, Insurance

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Market structure and prices: the responses of hospitals in the UK National Health Service to competition

Article Abstract:

The UK National Health Service (NHS) adopted several internal market reforms aimed at fostering competition in hospital-based medical care. Through greater competition, the NHS hoped to stimulate significant price reductions in several key medical services. An analysis of the prices for a number of medical services revealed that competition has failed to bring out major price reductions. The price variability of various hospital services depends on the type of medical service and its availability in all hospitals.

Hospitals, Research, Competition (Economics), Prices and rates, Medical care, Pricing, Hospital rates

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Does competition between hospitals improve the quality of care? Hospital death rates and the NHS internal market

Article Abstract:

The study uses recently published data on age-standardized death rates at hospital level, from three causes to examine the impact of competition between hospitals on quality of care. The data allows to calculate measures of competition based on potential rather than actual patient travel and to control for patient severity.

United Kingdom, Product quality, Management services, Office Administrative Services, Hospital Management, Analysis, Quality management, United Kingdom. National Health Service, Hospital administration, Hospital/clinic administration software

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