A Test of Alternative Demand-Shift Responses to the Medicare Program

Bernard Friedman
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Bernard Friedman: Brown University

Chapter 13 in The Economics of Health and Medical Care, 1974, pp 234-247 from Palgrave Macmillan

Abstract: Abstract Introduction of the Medicare program in the United States in 1966 has been associated with an acceleration in the rise in price of health services, particularly hospital care. In part, this reflects large increases in real resources used per patient treated. This paper reviews the aggregate evidence, and examines some data on possible changes in the diagnosis, treatment and survival of women with breast cancer. The data lend some support to a model in which increased employment of resources offers utility benefit to health professionals who have considerable discretionary decision power.

Keywords: Medicare Program; Professional Preference; Average Human Capital; Aggregate Evidence; Reimbursement Program (search for similar items in EconPapers)
Date: 1974
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DOI: 10.1007/978-1-349-63660-0_13

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