Medical service risk and the evolution of provider compensation arrangements

Article Abstract:

The evolution of provider compensation arrangements including health maintenance organizations and capitated payment plans and reasons for the growing disinterest in such plans is discussed. Government's possible role in insuring health care providers against the financial risks they face is another topic.

Public opinion, Health maintenance organizations, Capitated payment systems (Medical care)

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Health insurance and market failure since Arrow

Article Abstract:

Reasons for the shift of health care insurance to the core of the health care industry sector are discussed. Employer-based coverage is the only type of product the insurance industry has devised to cover the chronically ill and insurance portability remains a further problem.

Usage, Health insurance

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Uncertainty and the welfare economics of medical care

Article Abstract:

Kenneth J Arrow's 1963 article, which is also the subject of this symposium, is reprinted. Arrow's main thesis is that nonmarket institutions emerge to deal with the special health care industry features conventional markets cannot handle efficiently.

Analysis, Welfare economics

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