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Perspective
HEALTH CARE 2009

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Volume 360:2157-2160 May 21, 2009 Number 21
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What Works in Market-Oriented Health Policy?
Meredith B. Rosenthal, Ph.D.

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There is a widespread belief, embraced by President Barack Obama as well as congressional and industry leaders, that the next round of health care reform should leverage market forces to lower the cost of care and improve its quality. The use of market forces in health policy typically involves altering out-of-pocket prices and information for consumers (the demand side) and incentives for providers (the supply side). Such market-oriented reforms — policies that alter the economic environment in which consumers and providers make health care choices in pursuit of their individual interests — can be implemented even in highly regulated settings. . . . [Full Text of this Article]


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Dr. Rosenthal is an associate professor of health economics and policy at the Harvard School of Public Health, Boston.


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