Price controls: on the one hand ... and on the other.
Langwell, Kathryn M
Date of Pub
Controlling health care costs requires that limits be placed either on prices, quantities of services, or both. Prices are
measurable and more easily controlled than is quantity and, consequently, health care cost containment has frequently focused
on mechanisms for controlling prices. Regulatory approaches, however, may create market distortions and change access patterns.
An alternative approach to controlling prices is to restructure the market for health services to encourage greater price
competition among providers. Because this type of health reform has not previously been attempted, there is much more uncertainty
about the outcome of market-oriented approaches than for direct regulatory control over prices.
National Health Insurance, United States : Budgets/legislation & jurisprudence : Cost Control/legislation & jurisprudence
: Economic Competition/economics : Government Agencies : Health Care Reform/economics : Health Expenditures/legislation &
jurisprudence : Medicare/economics/organization & administration : Program Evaluation : Rate Setting and Review/legislation
& jurisprudence : United States