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Chapter Chapter Risk‐Sharing in Retiree Medical Benefits

George Wagoner, Anna Rappaport, Brian Fuller, and Frank Yeager

in Restructuring Retirement Risks

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199204656
eISBN:
9780191603822
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199204659.003.0008
Subject:
Economics and Finance, Financial Economics

The increase in both retiree medical care expenditures and the retired fraction of the population has put pressure on retiree health care insurance providers. This chapter assesses future prospects ... More


On the Take: How Medicine's Complicity with Big Business Can Endanger Your Health

Jerome P. Kassirer

Published in print:
2005
Published Online:
October 2011
ISBN:
9780195300048
eISBN:
9780199850518
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195300048.001.0001
Subject:
Economics and Finance, Economic Systems

We all know that doctors accept gifts from drug companies, ranging from pens and coffee mugs to free vacations at luxurious resorts. But as this book exposes, these innocuous-seeming gifts are just ... More


Health

John Knight and Lina Song

in The Rural-Urban Divide: Economic Disparities and Interactions in China

Published in print:
1999
Published Online:
October 2011
ISBN:
9780198293309
eISBN:
9780191684975
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198293309.003.0005
Subject:
Economics and Finance, South and East Asia, Development, Growth, and Environmental

This chapter states that the fulfilment of such basic needs such as freedom from illness, malnutrition, and premature death may well be correlated with income, but that this relationship is unlikely ... More


Price Indexes for Medical Care Goods and Services: An Overview of Measurement Issues

Ernst R. Berndt, David M. Cutler, Richard G. Frank, Zvi Griliches, Joseph P. Newhouse, and Jack E. Triplett

in Medical Care Output and Productivity

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226132266
eISBN:
9780226132303
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226132303.003.0005
Subject:
Economics and Finance, Econometrics

The measurement of the output of the medical care system is necessary to assess the productivity levels and growth of a country's economy and medical care system. Medical price indexes have uses ... More


Pricing Heart Attack Treatments

David M. Cutler, Mark McClellan, Joseph P. Newhouse, and Dahlia Remler

in Medical Care Output and Productivity

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226132266
eISBN:
9780226132303
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226132303.003.0009
Subject:
Economics and Finance, Econometrics

This chapter examines price indexes for medical care, focusing on heart attacks (acute myocardial infarction). It first describes several conceptual issues related to medical care price indexes and ... More


An Increased Threat of Lawsuits and Higher Premiums: The Consequences

A. Sloan Frank and M. Chepke Lindsey

in Medical Malpractice

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262195720
eISBN:
9780262283809
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262195720.003.0003
Subject:
Economics and Finance, Public and Welfare

This chapter presents evidence on two of the five myths of medical malpractice listed in Chapter 1. It first addresses the myth that only “good” doctors are sued, showing that both high- and ... More


Medical Care in the Consumer Price Index

Ina Kay Ford and Daniel H. Ginsburg

in Medical Care Output and Productivity

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226132266
eISBN:
9780226132303
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226132303.003.0006
Subject:
Economics and Finance, Econometrics

The medical care component of the Consumer Price Index (CPI) is evolving into a more comprehensive measure of household medical expense price movement in the economy. The personal consumption ... More


Treatment Price Indexes for Acute Phase Major Depression

Ernst R. Berndt, Susan H. Busch, and Richard G. Frank

in Medical Care Output and Productivity

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226132266
eISBN:
9780226132303
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226132303.003.0013
Subject:
Economics and Finance, Econometrics

Much has been written in the last decade on broad trends in medical care spending in the United States. Although the most recent evidence is somewhat ambiguous, the apparent slowdown in the rate of ... More


Evaluating Japan's Health Care Reform of the 1990s and Its Efforts to Cope with Population Aging

Naohiro Yashiro, Reiko Suzuki, and Wataru Suzuki

in Health Care Issues in the United States and Japan

Published in print:
2006
Published Online:
February 2013
ISBN:
9780226902920
eISBN:
9780226903248
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226903248.003.0002
Subject:
Economics and Finance, Public and Welfare

This chapter explores the basic structure of the Japanese medical care system, primarily addressing recent policy issues. It is observed that various policy reforms introduced in the 1990s did not ... More


The U.S. Medical Care System for the Elderly

David M. Cutler and David A. Wise

in Health Care Issues in the United States and Japan

Published in print:
2006
Published Online:
February 2013
ISBN:
9780226902920
eISBN:
9780226903248
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226903248.003.0003
Subject:
Economics and Finance, Public and Welfare

This chapter investigates the structure of the American medical care system, especially the system of care for the elderly. It concentrates on three sets of interactions: coverage rules (how people ... More


Medical Care Output and Productivity

David M. Cutler and Ernst R. Berndt (eds)

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226132266
eISBN:
9780226132303
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226132303.001.0001
Subject:
Economics and Finance, Econometrics

With the United States and other developed nations spending as much as 14 percent of their GDP on medical care, economists and policy analysts are asking what these countries are getting in return. ... More


Sub-Saharan Africa: Fertile Terrain

Eileen Stillwaggon

in AIDS and the Ecology of Poverty

Published in print:
2005
Published Online:
February 2006
ISBN:
9780195169270
eISBN:
9780199783427
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195169271.003.0004
Subject:
Economics and Finance, Public and Welfare

This chapter examines the economic and health variables that distinguish sub-Saharan Africa from affluent countries which have lower rates of HIV. It shows the biomedical effects of economic ... More


An International Look at the Medical Care Financing Problem

David M. Cutler

in Health Care Issues in the United States and Japan

Published in print:
2006
Published Online:
February 2013
ISBN:
9780226902920
eISBN:
9780226903248
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226903248.003.0004
Subject:
Economics and Finance, Public and Welfare

This chapter emphasizes that, as populations age and medical spending rises, medical systems will account for an increasing part of economic activity. It is noted that demographic change will present ... More


The Effects of Demographic Change on Health and Medical Expenditures: A Simulation Analysis

Satoshi Nakanishi and Noriyoshi Nakayama

in Aging Issues in the United States and Japan

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226620817
eISBN:
9780226620831
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226620831.003.0008
Subject:
Economics and Finance, Economic History

This chapter analyzes the impact of the aging Japanese population on the health sector and on the economy as a whole. It focuses on (a) the effect of population aging on future medical care costs; ... More


How Well Are Social Security Recipients Protected from Inflation?

Gopi Shah Goda, John B. Shoven, and Sita Nataraj Slavov

in Investigations in the Economics of Aging

Published in print:
2012
Published Online:
September 2013
ISBN:
9780226903132
eISBN:
9780226903163
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226903163.003.0004
Subject:
Economics and Finance, Public and Welfare

This chapter, which examines how well Social Security recipients are protected from inflation, shows that Social Security benefits may not be as safe from inflation as is commonly believed. Because ... More


Introduction

David M. Cutler and Ernst R. Berndt

in Medical Care Output and Productivity

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226132266
eISBN:
9780226132303
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226132303.003.0001
Subject:
Economics and Finance, Econometrics

Measuring the output of the medical sector has been a long-standing policy concern. With the United States and other developed countries spending so much on medical care (7–14 percent of GDP), health ... More


Medical Malpractice

Frank A. Sloan and Lindsey M. Chepke

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262195720
eISBN:
9780262283809
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262195720.001.0001
Subject:
Economics and Finance, Public and Welfare

Most experts would agree that the current medical malpractice system in the United States does not work effectively either to compensate victims fairly or prevent injuries caused by medical errors. ... More


What We Know and Don’t Know about the Effects of Cost Sharing on the Demand for Medical Care—and So What?

Joseph P. Newhouse and Anna D. Sinaiko

in Incentives and Choice in Health Care

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262195775
eISBN:
9780262283816
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262195775.003.0004
Subject:
Economics and Finance, Econometrics

This chapter focuses on the effects of cost sharing on the demand for medical care based on the results of the Rand Health Insurance Experiment (HIE) conducted in the 1970s and 1980s to investigate ... More


Developing a Framework for Decomposing Medical-Care Expenditure Growth: Exploring Issues of Representativeness

Abe Dunn, Eli Liebman, and Adam Hale Shapiro

in Measuring Economic Sustainability and Progress

Published in print:
2014
Published Online:
May 2015
ISBN:
9780226121338
eISBN:
9780226121475
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226121475.003.0017
Subject:
Economics and Finance, Macro- and Monetary Economics

Medical care expenditures have been rising rapidly over time and in 2009 health care accounted for 17.9 percent of GDP, but there are many areas where we have an incomplete understanding of spending ... More


Health at Older Ages: The Causes and Consequences of Declining Disability Among the Elderly

David M. Cutler and David A. Wise (eds)

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226132310
eISBN:
9780226132327
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226132327.001.0001
Subject:
Economics and Finance, Public and Welfare

Americans are living longer—and staying healthier longer—than ever before. Despite the rapid disappearance of pensions and health care benefits for retirees, older people are healthier and better off ... More


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