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Financing Care of the Severely Mentally Ill: Incentives, Contracts, and Public Responsibility
Author(s) -
Frank Richard G.,
Goldman Howard H.
Publication year - 1989
Publication title -
journal of social issues
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.618
H-Index - 122
eISSN - 1540-4560
pISSN - 0022-4537
DOI - 10.1111/j.1540-4560.1989.tb01560.x
Subject(s) - incentive , mentally ill , mechanism (biology) , work (physics) , business , service (business) , public economics , actuarial science , finance , psychology , economics , psychiatry , mental illness , microeconomics , mental health , marketing , epistemology , mechanical engineering , philosophy , engineering
This paper discusses various approaches to financing care for the severely mentally ill that make use of market‐like incentives. It reviews the conditions under which each financing mechanism will work efficiently, discusses empirical evidence and practical considerations concerning service delivery to the severely mentally ill, and offers judgments about the specific situations where each mechanism might best be applied.