TITLE

Financing and Administering Health Care

AUTHOR(S)
Steuerle, C. Eugene
PUB. DATE
November 1994
SOURCE
Society;Nov/Dec94, Vol. 32 Issue 1, p69
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the U.S. government's dilemma concerning health care financing. Two factors help explain the dilemma facing the president and the U.S. Congress: the hidden nature of health care financing, and the driving force of health costs on the budget. One of the most important sources of financing for health care is enhanced competition. Indeed, advocates of competition argue that making prices more explicit will encourage people to economize on health care as they do on virtually every other good or service. Many aspects of U.S. President Bill Clinton's health plan will be difficult to administer, as individuals are sorted into a variety of financing schemes with different subsidies that will be almost impossible to coordinate. The plan envisions health costs rising from 14.6 percent of gross domestic products in 1993 to 17.3 percent in 1998, almost the same level currently projected without health reform.
ACCESSION #
9411131009

 

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