Scholarship@WashULaw
The Economics of Healthcare Rationing
Document Type
Book Section
Publication Date
2015
Publication Title
Oxford Handbook of US Healthcare Law
Abstract
This article examines the economics of healthcare rationing. We begin with an overview of the various dimensions across which healthcare rationing operates, or at least has the potential to operate, in the first place. We then describe the types of economic analyses used in healthcare rationing decision-making, with particular reference to cost-benefit analysis and cost-effectiveness analysis. We also discuss healthcare rationing in practice, such as how economic analyses inform decisions regarding which services to cover, and conclude by discussing various practical and conceptual challenges that may arise with economic analyses and that span both economics and ethics.
Keywords
Economics, Healthcare Rationing, Healthcare, Economic Analyses, Decision-Making, Cost-Benefit Analysis, Cost-Effectiveness Analysis, Ethics
Publication Citation
Oxford Handbook of US Healthcare Law
Repository Citation
Rozema, Kyle; Frakes, Michael; and Frank, Matthew, "The Economics of Healthcare Rationing" (2015). Scholarship@WashULaw. 108.
https://openscholarship.wustl.edu/law_scholarship/108