What Every Philosopher Should Know About Health Economics

Victor Fuchs

Chapter 4 in Health Economics and Policy:Selected Writings by Victor Fuchs, 2018, pp 43-52 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The Great Health Care Debate of 1994 was like the uses of this world to Hamlet — “weary, stale, flat, and unprofitable.” Why did so much effort by so many produce so little understanding and no reform? The finger of blame has pointed in many directions: “the Clinton Plan was unworkable”; “the plan was poorly explained to the public”; “the political strategy was misconceived”; “special interests triumphed over the general interest.” Each of these explanations has some merit, but I believe the fundamental reason has been the unwillingness of policy makers and the public to make the difficult choices that are inevitable if the U.S. is to improve its approach to health care. What are the difficulties?

Keywords: Health; Medical Care; Health Policy; Economics; Health Care Reform; Health Insurance (search for similar items in EconPapers)
JEL-codes: I15 (search for similar items in EconPapers)
Date: 2018
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