Assessing Health Care Costs

Paper Summary:

This paper presents an assessment of the economics of health care costs. The paper argues that the problem is a complex maze of related issues such as funding mechanisms, delivery structures and individual responsibility. Additionally, the paper recommends a national health care system for managing family health care costs that is based on universal access to health care.

From the Paper:

"Health care economics is entering another state of turmoil in the United States as the moderating effects of the managed care concept on increasing health care costs appears to have run its course. The Congress and state governments believed the promises of managed care proponents that managed care would lower health care costs dramatically and are resisting rapid increases in health care costs. Managed care companies are responding by dropping governmentally-funded patient groups including Medicare and Medicaid raising charges to..."

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