Publisher's Synopsis
This text on the economics of the financing and provision of health care comes at a time when reforms of the NHS are being proposed. choice of various health care systems can be evaluated. The book attempts t o provide a perspective within which the choice of various healt care systems can be evaluated.;Economic arguments are presented which suggest why market failure is relatively extensive in this sector and, consequently, why regulation in both financing and provision is necessary. There is discussion of various problems in the health sector output measurement, the definition of efficiency and the problems of monitoring performance.;The reforms of the UK health care sector are discussed in the light of these difficulties and a number of chapters compare the UK health care system with alternative systems in Europe and the USA. An historical perspective of previous systems in the UK is also given.
