Problems and Choices

Victor Fuchs and Karen Eggleston

Chapter 2 in Who Shall Live?:Health, Economics and Social Choice, 2023, pp 9-27 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In recent years, almost every American family has become acutely aware of the soaring costs of medical care, the difficulties of access to physicians, and the mounting health problems of our society. According to many observers, the U.S. health care system is in “crisis.” But a crisis is a turning point, a decisive or crucial point in time. In medicine the crisis is that point in the course of the disease at which the patient is on the verge of either recovering or dying. No such decisive resolution is evident with respect to the problems of health and medical care. Our “sick medical system,” to use the headline of numerous magazine and newspaper editorials, is neither about to recover nor to pass away. Instead, the basic problems persist and are likely to persist for some time to come…

Keywords: Health; Economics; Health Economics; Health Care; Health Policy; Medicine; Medical Care; Health Systems; Health Insurance; Pandemic; COVID-19; ACA; Obamacare; Health Expenditures; Health Care Spending; Health Care Utilization; Health Outcomes; Life Expectancy; Mortality; Social Choice; Innovation; Personalized Medicine; Opioids; Opioid Epidemic; Deaths of Despair; Health Disparities; Social Determinants of Health; Hospitals; Doctors; Physicians; Patients; Polarization; Partisan Politics; Values; Inflation; Poverty (search for similar items in EconPapers)
JEL-codes: I1 I13 I15 I18 (search for similar items in EconPapers)
Date: 2023
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