What Makes Healthcare Reform So Complex: A Primer
Nicholas P. Sargen
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Nicholas P. Sargen: Fort Washington Investment Advisors
Chapter Chapter 4 in Investing in the Trump Era, 2018, pp 43-57 from Springer
Abstract:
Abstract My goal in this chapter is to help people understand what makes healthcare so complex and contentious. To do so, one first needs to have a basic understanding of how the US system compares with those of other countries, and how it has evolved from a “fee for service” model of compensation to a system of managed care, in which people pay for bundled services. It is also important to grasp the reasons many doctors and patients are critical of managed care, especially health maintenance organizations (HMOs), while many healthcare analysts contend the system saves money and does not compromise health. The chapter also reviews the attempt to implement universal coverage during the Clinton administration and then takes up the controversy surrounding Obamacare and Republican opposition to it.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-76045-2_4
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DOI: 10.1007/978-3-319-76045-2_4
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