Markets in health care

Pedro Pita Barros, P Olivella

Research output: Chapter in Book/Report/Conference proceedingOther chapter contribution

8 Citations (Scopus)

Abstract

This article offers a general overview of different ways in which market competition in the provision of health insurance and healthcare services have been introduced in different countries. The authors discuss (1) how does the market equilibrium come about when price is not the main instrument to allocate resources; (2) the advantages and pitfalls of the market mechanism in the presence of risk and information asymmetries; and (3) whether the regulator should set limits to decision making and choice. It is also meant to be a guide in these issues throughout the entire encyclopedia. A brief teachers guide is also offered.
Original languageEnglish
Title of host publicationEncyclopedia of Health Economics
EditorsA. Culyer
PublisherElsevier
Pages210-220
Edition1st
ISBN (Print)9780123756787
DOIs
Publication statusPublished - 2014

Keywords

  • Advertising
  • Asymmetric information
  • Capitation
  • Copayment
  • Dual practice
  • Health plan

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  • Cite this

    Barros, P. P., & Olivella, P. (2014). Markets in health care. In A. Culyer (Ed.), Encyclopedia of Health Economics (1st ed., pp. 210-220). Elsevier. https://doi.org/10.1016/B978-0-12-375678-7.01301-8