The economics of health care has become an issue for both academics and policymakers in developed countries as the mounting costs of comprehensive care becomes a matter of concern. Insights into relationships and interactions among patients, physicians and hospitals, insurers and payers, and government regulators have drawn on the economic tools of price theory, cost-benefit analysis, theories of moral hazard and adverse selection, and the dynamics of the insurance market. This text offers an international perspective on the distribution of health care costs.
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