Health Economics, 3/E
Charles E. Phelps, University of Rochester

ISBN-10: 032106898X
ISBN-13: 9780321068989

Publisher: Addison-Wesley
Copyright: 2003
Format: Cloth; 688 pp
Published: 07/05/2002

Suggested retail price: $154.40
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In this market-leading text, Phelps combines current economic thinking and research in health economics with real health policy problems. New to the heavily revised Third Edition is a chapter on Managed Care and additional coverage of pharmaceutical industries, as well as an appendix for review of the Math and Microeconomics concepts used in the book. The early chapters of Health Economics develop essential methodological foundations supported by recent empirical studies. Later chapters focus on major policy areas, such as the structure and effects of Medicare reform, competition and regulation in health care, and international comparisons of health care systems, building on the conceptual material developed earlier in the book.

  • Long-awaited revision of a well-respected text in undergraduate health economics.
  • Overhauled to reflect changes in insurance, the pharmaceutical industry, public policy changes, and more. Currency is critical in the ever-changing field of health.

  • A Microeconomics Appendix has been added to guide students through all the basics they need to know for their health economics course. This makes the book more accessible to non-majors and lower-level health courses.
  • All-new Chapter 11 on managed care takes a close look at the origins of managed care, the strategies and organizations that comprise the US health care system today, and long run issues for the future.
  • Coverage of health insurance is streamlined into a single chapter (Chapter 10), offering a clear and focused presentation of this complex issue.
  • A full bonus chapter on Medicaid is available on the text's Companion Web site, along with instant access to the latest real-world data used by health care professionals.



 1. Why Health Economics?


 2. An Overview of How Markets Interrelate in Medical Care and Health Insurance.


 3. The Transformation of Medical Care to Health.


 4. The Demand for Medical Care: Conceptual Framework.


 5. Empirical Studies of Medical Care Demand and Applications.


 6. The Physician.


 7. Physicians in the Marketplace.


 8. The Hospital as a Supplier of Medical Care.


 9. Hospitals in the Marketplace.


10. Health Insurance.


11. Managed Care.


12. Government Provision of Health Insurance: Medicare and Its Revisions.


13. Medical Malpractice.


14. Externalities in Health and Medical Care.


15. Managing the Market: Regulation and Technical Change in Health Care.


16. Universal Insurance Issues and International Comparisons of Health Care Systems.


Author's Postscript.


Appendix: Introduction to Basic Economics Concepts.


Answers to Selected Problems.


Bibliography.


Acknowledgments.


Index.

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