Health Affairs, 23, no. 2 (2004): 22-24 doi: 10.1377/hlthaff.23.2.22 © 2004 by Project HOPE	New Online   Pay Cuts For Medicare Docs   Access To Care Woes   Public Coverage More Efficient   Empowering Consumers

This Article Full Text (HTML) Reprint (PDF) Submit a response to this article Alert me when this article is cited Alert me when eLetters are posted Alert me if a correction is posted Services E-mail this article to a friend Similar articles in this journal Similar articles in PubMed Alert me to new issues of the journal Add to My Personal Archive Download to Citation Manager Reprints & Permissions Citing Articles Citing Articles via HighWire Citing Articles via ISI Web of Science (3) Citing Articles via Google Scholar Google Scholar Articles by Butler, S. M. Search for Related Content PubMed PubMed Citation Articles by Butler, S. M. Related Collections Business Of Health Health Reform Insurance - Employer-Based System Managed Competition Health Spending

Health Reform

PERSPECTIVE

A New Policy Framework For Health Care Markets

The frustration with health care markets recorded in the paper by Len Nichols and colleagues reflects the general, and accurate, perception that these markets typically do not work well. But markets respond to the framework of rules and tax incentives in which they must operate, and in health care this framework works against efficiency. The sensible response is not to reject market-based approaches in health care as inherently ineffective in achieving efficiency and cost control. Nor is it to add yet another layer of rules and government micromanagement. It is instead to fix the framework so that markets will foster efficiency.

                      What's this?

This article has been cited by other articles:

				J. G. Murphy, L. Stee, M. T. McEvoy, and J. Oshiro Journal Reporting of Medical Errors: The Wisdom of Solomon, the Bravery of Achilles, and the Foolishness of Pan Chest, March 1, 2007; 131(3): 890 - 896. [Abstract] [Full Text] [PDF]

				D. P. Scanlon, M. Chernew, S. Swaminathan, and W. Lee Competition in health insurance markets: limitations of current measures for policy analysis. Med Care Res Rev, December 1, 2006; 63(6 Suppl): 37S - 55S. [Abstract] [PDF]

				H. R. Clinton and B. Obama Making patient safety the centerpiece of medical liability reform. N. Engl. J. Med., May 25, 2006; 354(21): 2205 - 2208. [Full Text] [PDF]

				J. K. Iglehart The Emergence of Physician-Owned Specialty Hospitals N. Engl. J. Med., January 6, 2005; 352(1): 78 - 84. [Full Text] [PDF]