Health Care and America's Rolling Depression

The driving force behind the restructuring of American health care delivery is the perceived inability of employers to continue to bear the escalating costs of health care. With the failure of governmental reform, restructuring has evolved to the free market in the form of managed care, which is exp...

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Bibliographic Details
Published in:Health care management review 1996, Vol.21 (3), p.7-12
Main Author: Hodge, Melville H.
Format: Article
Language:English
Subjects:
Business conditions
Cardiology
Commerce - economics
Cost control
Economic Competition
Employer Health Costs
Employers
Employment - economics
Executives
Free markets
Governmental reform
Health Benefit Plans, Employee - economics
Health care delivery
Health care expenditures
Health care policy
Health Care Reform - economics
Health maintenance organizations
HMOs
Hospitals - supply & distribution
Humans
Managed care
Managed Care Programs - economics
Managed Care Programs - organization & administration
Medicare
Payroll costs
Physicians
Physicians - supply & distribution
Politics
Primary care
Studies
Supply & demand
United States
Wage & price controls
Workers
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Summary:The driving force behind the restructuring of American health care delivery is the perceived inability of employers to continue to bear the escalating costs of health care. With the failure of governmental reform, restructuring has evolved to the free market in the form of managed care, which is exposing the central cost problem—enormous overcapacity of physicians and hospitals. Policies designed to hasten the end of overcapacity are called for in contrast to many being presently pursued, which are likely to prolong it.
ISSN:0361-6274
1550-5030
DOI:10.1097/00004010-199602130-00002