Measuring Medical Prices and Understanding Their Effects

by Joseph P. Newhouse

Download

Download Free Electronic Document

FormatFile SizeNotes
PDF file 0.4 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback11 pages $20.00 $16.00 20% Web Discount

This paper is the text of a speech originally presented at the Baxter Foundation Prize Dinner, Association of University Programs in Health Administration Annual Meeting, April 16, 1988, in Washington, D.C. The author cites various examples from health service studies, first to prove that prices affect medical care use and then to support his argument that there is still much that researchers do not understand about how prices affect care. He continues with a discussion of price measurement, underscoring the need for greater knowledge by pointing out that the source of medical price increases cannot even be determined because of flaws in the Consumer Price Index. Urging further research in health services, the author presents trends in federal spending on health services research and concludes that this research is seriously underfunded.

This report is part of the RAND Corporation paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.