The Economics of U.S. Health Care Policy by Professor Stephen Parente and Charles Phelps is now available from Routledge/Taylor & Park.
In this book, Parente and Phelps explore the U.S. health care system and set out the case for its reform. They trace the foundations of today’s system, and show how distortions in the incentives facing participants in the health care market could be corrected in order to achieve lower costs, a higher quality of care, a higher level of patient safety, and a more efficient allocation of health care resources.
Parente and Phelps propose novel yet economically robust changes to U.S. tax law affecting health insurance coverage and related issues. They also discuss a series of specific improvements to Medicare and Medicaid, and assess potential innovations that affect all of health care, including chronic disease management, fraud and abuse detection, information technology, and other key issues.
The Economics of U.S. Health Care Policy is illuminating reading for anyone with an interest in health policy, and will be a valuable supplementary text for courses in health economics and health policy, including for students without advanced training in economics.