Health Affairs, 10.1377/hlthaff.w4.297
Copyright © 2004 by Project HOPE
Perspective: Cost-Effectiveness: Will The Public Buy It Or Balk?
Marjorie E. Ginsburg 1*
1 Marjorie Ginsburg is executive director of Sacramento Healthcare Decisions in Rancho Cordova, California.
*Corresponding author.
The prospect of cost-effectiveness as a criterion for treatment for coverage decisions may be met with stiff resistance from the public. A characteristically American reverence for new technology and abhorrence at putting a price on life conflict with the premise of value-based decisions. Nevertheless, if particular checks and balances are incorporated, consumer acceptance is possible. Since health care leaders deny that cost plays a role in coverage decisions, it may be time for a more realistic and open public debate on how to incorporate cost to achieve an optimal allocation of resources.
Key Words:
Business of Health, Consumer Issues, Health Spending, Managed Care, Managed Care - Physicians, Public Opinion, Quality of Care