EHSY-660 Health Economics
Fall for 2017-2018
This course applies the principles of microeconomics to the study of health care markets. From
this perspective we will explore why the health care system is fractured and what this implies
for access, cost, and quality of care. The unique nature of health care requires understanding
the institutional arrangements that shape and respond to market forces. Market inadequacies
and market failures have also resulted in government interventions, which in turn have affected
the health care market. The health care market is unique, in part, because of the politics of
health care, third-party coverage, and the fact that employers have played a key role in
organizing much of this third-party coverage. Employer-provided health insurance and health
care coverage from public programs like Medicare and Medicaid, not only serve as sources of
financing health care, the way health care providers are paid has influenced how care is
organized and delivered. Given the key role of public policy in health care markets, and the
relationship between public policies and politics, this course will touch on the relationship
between politics, policies, and health care markets.
Credits: 2.0
Prerequisites: None
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