Introduction
Victor Fuchs
Chapter 26 in Health Economics and Policy:Selected Writings by Victor Fuchs, 2018, pp 287-294 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
Health care expenditures in the United States, 18 percent of GDP, greatly exceed spending on food or clothing or transportation or other items of consumption. Moreover, the amount of care consumed varies greatly across individuals in any given year and usually varies greatly over time for any given individual. While nearly one-quarter of the population has no contact with a physician or a hospital in a given year, about 5 percent account for about 50 percent of total expenditures…
Keywords: Health; Medical Care; Health Policy; Economics; Health Care Reform; Health Insurance (search for similar items in EconPapers)
JEL-codes: I15 (search for similar items in EconPapers)
Date: 2018
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