Medical Economics

Financing the efficient delivery of medical services while reducing costs for consumers as well as health care providers is among the most challenging domestic policy problems many countries face. RAND addresses health economics issues through innovative, high-profile research in an effort to improve the efficiency of health care organizations, reduce costs for providers and consumers, and improve financing in health care markets.

Research conducted by: RAND Health; Bing Center for Health Economics; RAND Europe

Commentary (20)

The Cost of Dementia: Who Will Pay? — Apr 30, 2013

Couple reviewing finances with an advisor

It is time for the government in partnership with industry to return to the drawing board to craft a plan that will provide protection for the more than 9 million people who will need care for dementia by 2040, writes Michael D. Hurd.

Dementia's Growing Cost to Caregivers — Apr 29, 2013

Young woman and grandfather sitting hand in hand at table

At the rate that the U.S. population is aging, the total cost of dementia could reach half a trillion dollars a year by 2040. Those who care for impaired relatives and friends are acutely aware of the effects of dementia, and unfortunately they are all too familiar with its costs, writes Kathleen J. Mullen.

Governors Missing the Point on Medicaid — Apr 29, 2013

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While a governor or legislator may disagree with Medicaid expansion for philosophical reasons, the claims that the expansion will be a burden on states' economies seem misguided given the full range of projected economic impacts on the states, writes Carter C. Price.

The Economic Promise of Malaria Reduction — Apr 24, 2013

U.S. Army medical researchers take part in World Malaria Day 2010, Kisumu, Kenya April 25, 2010

Better understanding of how malaria reduction affects different households, regions, and economic sectors in Sub-Saharan Africa could allow policymakers to assess alternative intervention strategies and allocate resources more efficiently and effectively.

Remove Medicare's Straitjacket — Mar 29, 2013

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Removing the constraints on Medicare would not only lead to lower prices at the drugstore, hospital and doctor's office, it could spark a new era of healthcare innovation, says Arthur Kellermann.

A Health Care Entitlement Worth Ending — Feb 27, 2013

The health care “entitlement” we need to reform is the notion that America's health care system is entitled to an ever-growing share of America's wealth, writes Arthur Kellermann.

25 Small Ideas for Saving Big Health Care Dollars — Jan 30, 2013

Given the size of the annual “health care spend”—$2.7 trillion—summing up the savings associated with very minor cost-saving policy changes is likely to achieve significant aggregate savings, writes Jeffrey Wasserman.

Health Care Spending Growth Tamed? Hardly — Jan 25, 2013

The growth of health care costs has slowed dramatically for the third consecutive year but as the economy rebounds, spending growth could skyrocket, says Arthur Kellermann.

Health Care Costs Are Killing Us — Jan 4, 2013

At a time when our country is teetering on the edge of a “fiscal cliff,” no challenge in health care is more important than reducing health care spending, writes Arthur L. Kellermann.

What Will Change Most About Our Routine Physicals Over the Next Decade? — Aug 31, 2012

Don't forget—an American's odds of living a long and healthy life still depend more on his zip code than his genetic code. That won't change until we make healthcare more affordable, writes Dr. Arthur Kellermann.

The Real Cost of Healthcare — Mar 29, 2012

What do we have to show for all of this spending? Lots of testing and treatment, but not enough health, writes Art Kellermann.

What Happens Without the Individual Mandate? — Mar 21, 2012

If the individual mandate were ruled unconstitutional, subsidies and the age structure of premiums should keep enough healthy people in the insurance exchanges to prevent huge spikes in premiums, write Carter C. Price and Christine Eibner.

Scorecard for New Health Reform Legislation — Mar 26, 2010

How close do you think that the health care reform plan would come, in reality, to achieving each goal? On a scale of 1 to 10, 10 is extremely close, and 1 is not at all close.

Stick to Facts to Find Health-Care Change That Works — Aug 29, 2009

The ferocity of the national debate over health care continues to build, and rhetoric has all but replaced reality. People on all sides of the issue appear to want anything but the facts, write Elizabeth McGlynn and Jeffrey Wasserman.

Fix the Healthcare System (and Fight the Recession, Too) — Aug 21, 2009

A little-known proposition amid the highly charged health care debate is that properly controlling health care spending could generate economic growth equal to 1 percent of gross domestic product, write Dana Goldman and Neeraj Sood.

The Public Option: Sorting Rhetoric from Reality — Jun 24, 2009

President Obama and several Congressional leaders have recently expressed support for the idea of allowing citizens to buy into a public insurance program as part of any health reform legislation. The intensity of the ensuing debate has been fascinating given the lack of specifics that have been offered by either side, writes Elizabeth A. McGlynn.

Improve Health, Not the Health Care System — Jun 23, 2009

One reason that health reform proposals always seem to fail is that proponents promise too much. Reformers declare they will improve quality, lower costs and increase access — all at the same time. This mantra is repeated so often that the public tends to believe it is possible, when really it isn't, writes Dana P. Goldman.

Limiting Treatment to Those Who Need It — Apr 29, 2009

The United States will produce more than $14 trillion worth of goods and services this year—truly an astonishing amount. But equally astonishing is that one out of every six of these dollars will go to health care. This is the source of much hand-wringing by policy makers. They worry that we cannot afford to spend so much, and that our national output will suffer as a result. They have it backwards.

Pressure from Rising Health-Care Costs: How Can Consumers Get Relief? — Oct 23, 2005

Published commentary by RAND staff: Pressure from Rising Health-Care Costs: How Can Consumers Get Relief? in Press-Enterprise.

Take Two Aspirin and Call Congress — Dec 11, 2002

Adding a flexible drug benefit to Medicare would bring costs down, say Dana Goldman and Geoffrey Joyce in an LA Times commentary.

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