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DO HEALTH CARE COSTS MATTER?
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- Author(s): Baumol, William J.1
- Source:
New Republic. 11/22/93, Vol. 209 Issue 21, p16-18. 3p.
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
Focuses on concerns about the increasing cost of health care in the United States. Effects of economic conditions on costs of medical care; Issue regarding competitiveness in the health care industry; Productivity growth in the entire economy and its impact on purchasing power; Greed of drug and insurance companies to an increasingly aged population; Contribution of lawsuits against doctors, lack of competitiveness in the profession and high earnings of physicians to rising medical care costs.
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