TAILIEUCHUNG - Lecture Health economics - Chapter 13: Government regulation and intervention (Part 1)

Chapter 13 - Government regulation and intervention (Part 1). This chapter presents the following content: Introduction, criteria for perfect competition, types of government intervention, public goods, externalities, smokers also impose health care costs on nonsmokers,. | Government Regulation and Intervention Part 1 Vivian Ho Health Economics This material draws heavily from Santerre & Neun: Health Economics, Theories Insights and Industry Studies, Southwestern Cengate 2010 Introduction Causes and consequences of government intervention in health care. Types of government intervention. Case studies Cigarette taxes. Price ceilings on health care services. Hospital antitrust litigation. Criteria for perfect competition All firms and consumers are price takers. Consumers and firms have perfect information. All firms produce an identical product. Firms can freely enter an exit an industry. Price taking - There are many independent firms and consumers in the market. Firms and consumers believe their decisions will not affect price. Perfect Information - Consumers have perfect info on their preferences, income levels, prices, and quality of goods purchased. Firms have perfect info on costs, prices, technology. Product homogeneity - Insures single market price, Any firm that raises price will lose all sales. Consumers consider only price when choosing between firms. Perfect mobility of resources - no barriers to entry Market imperfections may lead to inefficient or inequitable distribution of resources. Imperfect consumer information Monopoly Externalities Government intervenes to restore efficiency and/or equity. “Public interest theory.” An opposing theory: The amount and types of government intervention are determined by supply and demand. Vote-maximizing politicians “supply” legislation. Wealth maximizing special interest groups are the buyers. Successful politicians stay in office by satisfying special interest groups. “Special interest group theory” Examples: Extended patent protection for brand name drugs. Rejection of national health insurance in favor of private insurance companies. Special interest group theory claims that special interest groups gain at the expense of the general public. Consumers are diverse, fragmented, .

• Kinh tế học
• Health economics
• Lecture Health economics
• Kinh tế y tế
• Government regulation
• Perfect competition
• Public goods
• Medical care
• Medical spending
• Measuring health status
• Demand for medical services
• Medical services
• RAND health insurance experiment
• Medical insurance
• Characterizing risk aversion
• Health insurance demand
• Policy implications
• Valuing human life
• Pharmaceutical industry
• Medical care production
• Productivity measures
• Market structure
• Healthcare industry
• Physician market
• Physician market structure
• Physician market performance
• Hospital advertising
• Hospital market
• Hospital conduct
• Benefits of drugs
• Industry structure
• Pharmaceutical industry conduct
• Pricing behavior
• Medicare program
• Medicare costs
• Medicare financing
• Medicaid financing
• Current challenges
• Mursing home market
• Principles of economics
• Lecture Principles of economics
• Health care delivery
• Alternative coverage scheme
• Health maintenance organization
• Economics social issues
• Economic thinking
• Economics of health care
• Quality of health care
• Health care expenditures
• Expanding insurance coverage
• Master Thesis in Economics
• Master Thesis in Economics sample
• Strategic Thinking
• Strategic Telehealthcare
• Financial Strain
• Health Service
• Ireland’s Overburdened Health Service
• Lecture Economics
• Demand analysis to health care
• Copayment rate
• Demand for health care
• Market equilibrium
• Health care
• Key Indicator
• Copper as a Key Indicator
• Key Indicator of Economic Health
• Economic Health
• Health economics for developing countries
• Developing countries
• Lucy gilson
• Survival kit anne mills
• Issues in economics today
• Lecture Issues in economics today
• Macroeconomic issues
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• Price control issues
• Economic models of health care
• Economic principles
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• Private health insurance
• Economic implications