A Guide to Health Care Reform | Zendy

David Cutler | Zendy

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A Guide to Health Care Reform

Author(s) -

David Cutler

Publication year - 1994

Publication title -

the journal of economic perspectives

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 9.614

H-Index - 196

eISSN - 1944-7965

pISSN - 0895-3309

DOI - 10.1257/jep.8.3.13

Subject(s) - subsidy , health care reform , universal coverage , public economics , business , health reform , health care , economics , health insurance , economic policy , health policy , economic growth , market economy

There are four rationales for health care reform: increasing the efficiency of health delivery; reforming the market for health insurance; providing universal coverage; and reducing the federal deficit. These goals are reflected in most reform proposals. Achieving these goals involves several problems, however. Paying for universal coverage may lead to labor supply or demand reductions. In addition, reform involves large federal risks that must be dealt with through deficit financing, reduced benefits, or lower subsidies.

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