Questions tagged [health-economics]

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19 views

How to start with scenario study in health economics?

In Health economics, my advisors mentioned scenario studies, especially relating to epidemiological spread (for example relating to COVID-19). I am wondering if there is any some cornerstone reference ...
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3answers
8k views

Why is healthcare so expensive in the USA?

I find this phenomenon to be kind of puzzling. USA is one of the countries with one of the highest purchasing powers in the world, yet when it comes to healthcare an standard US citizen is likely to ...
7
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1answer
133 views

Intuition behind Euler Lagrange equation in economics

When being exposed to the concept of the Euler Lagrange equation as a mathematical concept, many ideas from the physical sciences are used to explain its relevance in terms of choice of shortest path, ...
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1answer
38 views

Can vaccine distribution and appointment setting up be considered game theory?

New to game theory and I started thinking about the difficulty of setting up an appointment for the covid vaccine. Could this be something to study in game theory? Would we need to figure out the Nash ...
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1answer
48 views

Which parts of health care can be considered market failures?

The justification for public health care subsidies often involves declaring the health care sector to have market failures, for example infectious diseases being a public good and the customer having ...
2
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2answers
49 views

Drug pricing, amount of sales and R&D costs

I've recently learned about Zolgensma drug that is currently priced at \$2.1 million (read more here) Since the biggest factor in price is probably R&D costs I wonder why won't they decrease the ...
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1answer
42 views

Monopsony theory of Single Payer

One theory of how single payer/universal healthcare systems are less expensive than the US private insurance market is that each country functions as a monopsony: a market structure in which a single ...
2
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1answer
46 views

What does 'Health spending as a share of GDP' mean?

I am watching a video essay talking about healthcare spending in different countries and one of the first graphs shown was titled: 'Health spending as a share of GDP'. After doing some reading, I ...
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1answer
45 views

How much heath expenditure is due to conditions that people are born with?

The CDC says that 90% of US healthcare costs are attributable to chronic conditions. I am interested in an overlapping set of conditions: those that people are born with, including genetic diseases, ...
8
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1answer
283 views

Are there any surveys of economists on the determinants of healthcare price increases in the US, particularly over several decades?

It was asked recently on politics SE what drove healthcare (actually healthcare insurance) prices in the US to rise faster than the CPI. Neither of the top two answers resorted any actual econometric ...
3
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2answers
114 views

What are possible solutions when promoting competition is not applicable?

Usually, more competition means lower prices and higher quality as less effective businesses go out of business. However, it appears that it's not always the case. When there're a lot of health ...
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0answers
22 views

Can we make any general statements about the impact of a single-payer healthcare system on an economy?

The topic of single-payer healthcare is enjoying a moment in the limelight in the US. A significant chunk of the population supports such a system, and more than a few presidential candidates have ...
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1answer
36 views

Economics of Health Textbook Recommendation

Was wondering if anyone who has taught a class on health economics could give some background on which textbook they used for their class and why. It seems like "Healthy Economics" by Bhattacharya, ...
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1answer
32 views

Is measurement error in self-reported health a problem in this scenario…?

I am running regressions to estimate the impact of health conditions on life satisfaction. I have read a paper that showed that there is likely to be measurement error in the self-reported health ...
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0answers
14 views

What is the financial incentive for physicians and hospitals to join an Accountable Care Organization (ACO)?

Accountable Care Organizations were created by the Affordable Care Act in 2011 in order to improve quality of care and reduce costs for patients and are part of a change from fee-for-service payments ...
2
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2answers
243 views

Why can Iceland setup and maintain a single-payer system but Vermont can't?

Vermont apparently tried to setup a single-payer healthcare system, only to have various healthcare and pharmaceutical companies threaten to ruin them if they did so, at which point Vermont, a state ...
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1answer
45 views

Is health care equal in the emergancy room? [closed]

How does financial status dictate the level of care differ? Where can you find the best healthcare income to medical service rendered? I understand that health care differs depending on a ...
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1answer
64 views

Effect of today's decision in the US to no longer mandate contraception coverage

Today the Trump administration in the USA announced they are removing the mandate that company provided health insurance include free contraception coverage. My understanding is that providing ...
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1answer
148 views

Why does the price for a prescription drug fluctuate?

"In drug price hearing, Congress tries to answer some basic questions" - dateline June 2017 CNBC. I order a brand name prescription that has no generic, that is still under patent protection, that is ...