Optimal Regulation of Specialized Medical Care in a Mixed System

Nicolás Porteiro

UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)

Abstract: We study the optimal public intervention in setting minimum standards of formation for specialized medical care. The abilities the physicians obtain by means of their training allow them to improve their performance as providers of cure and earn some monopoly rents.. Our aim is to characterize the most efficient regulation in this field taking into account different regulatory frameworks. We find that the existing situation in some countries, in which the amount of specialization is controlled, and the costs of this process of specialization are publicly financed, can be supported as the best possible intervention.

Keywords: Specialized Medical Care; Mixed Systems; Regulation (search for similar items in EconPapers)
JEL-codes: D80 I11 I18 L51 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:aub:autbar:465.00

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