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Health care industry

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The effect of a private sector on the waiting time in a national health service

Article Abstract:

A steady state solution queueing model was used to examine the health treatment waiting time in the public sector if their is a private sector. By assuming that the health personnel supply is elastic, it was established that a longer waiting time is likely to result from the absence of waiting list admission rationing. Further, it was shown that the waiting time is expected to increase if public sector consultants are permitted to work during their free time in the private sector. Under the absence of any of the mentioned conditions, public waiting time would remain constant.

Author: Iversen, Tor
Publisher: Elsevier B.V.
Publication Name: Journal of Health Economics
Subject: Health care industry
ISSN: 0167-6296
Year: 1997
Community Hospitals, Federal Hospitals, Economic aspects, Medical care, Hospitals, Public health, Health services administration

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Moral hazard and adverse selection in Australian private hospitals: 1989 - 1990

Article Abstract:

Private hospitals, where individuals pay for services and public hospitals, where services are free to all but delivered after a waiting time, are the parts of the Australian hospital system. Appropriate size of these public and private sectors and the design of insurance policies depend on the extent of adverse selection and moral hazard.

Author: Wright, Donald J., Savage, Elizabeth
Publisher: Elsevier B.V.
Publication Name: Journal of Health Economics
Subject: Health care industry
ISSN: 0167-6296
Year: 2003
Australia, Financial management, Services information, INSURANCE CARRIERS, Services, Insurance industry, Insurance

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The drug bargaining game: pharmaceutical regulation in Australia

Article Abstract:

The cost that consumers pay for medicines is controlled worldwide. A hypothetical scheme of the Australian Pharmaceutical Benefits Scheme (PBS) is created to rectify the deductions of the PBSE pattern. Advantages of launching of latest medicines are studied, and recommendations are presented.

Author: Wright, Donald J.
Publisher: Elsevier B.V.
Publication Name: Journal of Health Economics
Subject: Health care industry
ISSN: 0167-6296
Year: 2004
United States, Legal issues & crime, Government regulation (cont), Government regulation, Pharmaceutical preparations, Legal/Government Regulation, Laws, regulations and rules, Pharmaceutical industry

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Subjects list: Public hospitals, Private hospitals
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