
Contents
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Introduction Introduction
-
Insurance Expansion Affects Both the Quantity and Nature of Research and Development Insurance Expansion Affects Both the Quantity and Nature of Research and Development
-
A. Direct Demand-Side Effects A. Direct Demand-Side Effects
-
B. Indirect Effects through Subject Markets B. Indirect Effects through Subject Markets
-
-
Insurance Expansions Reduce the Cost of Medical Innovation Insurance Expansions Reduce the Cost of Medical Innovation
-
The Effect of Innovation on the Demand for Health Insurance The Effect of Innovation on the Demand for Health Insurance
-
Conclusion Conclusion
-
Notes Notes
-
References References
-
-
-
-
-
-
Twelve The Complex Relationship between Healthcare Reform and Innovation
Get access-
Published:October 2015
Cite
Abstract
Health care expenditure in the United States has grown rapidly, exceeding the annual growth in GDP by 2.5% since 1960. This rise has strained budgets and is the focus of the current national debate over health reform. Conventional wisdom holds that the primary driver of cost growth is medical innovation. This chapter examines how the expansion of health insurance affects innovation. First, it examines how expansion of health insurance directly and indirectly affects the demand and supply of medical innovation. Second, it examines how health insurance can cure an unfortunate side effect of using patents to encourage medical innovation: high prices that make medical care unaffordable for many. Third, it examines how innovation both promotes health insurance and reduces demand for such insurance. The complexity and uncertainty of the relationship between insurance and innovation puts a premium on the ability to experiment with alternative forms of health care reform.
Sign in
Personal account
- Sign in with email/username & password
- Get email alerts
- Save searches
- Purchase content
- Activate your purchase/trial code
- Add your ORCID iD
Purchase
Our books are available by subscription or purchase to libraries and institutions.
Purchasing informationMonth: | Total Views: |
---|---|
October 2022 | 5 |
November 2022 | 1 |
September 2023 | 2 |
August 2024 | 1 |
April 2025 | 2 |
Get help with access
Institutional access
Access to content on Oxford Academic is often provided through institutional subscriptions and purchases. If you are a member of an institution with an active account, you may be able to access content in one of the following ways:
IP based access
Typically, access is provided across an institutional network to a range of IP addresses. This authentication occurs automatically, and it is not possible to sign out of an IP authenticated account.
Sign in through your institution
Choose this option to get remote access when outside your institution. Shibboleth/Open Athens technology is used to provide single sign-on between your institution’s website and Oxford Academic.
If your institution is not listed or you cannot sign in to your institution’s website, please contact your librarian or administrator.
Sign in with a library card
Enter your library card number to sign in. If you cannot sign in, please contact your librarian.
Society Members
Society member access to a journal is achieved in one of the following ways:
Sign in through society site
Many societies offer single sign-on between the society website and Oxford Academic. If you see ‘Sign in through society site’ in the sign in pane within a journal:
If you do not have a society account or have forgotten your username or password, please contact your society.
Sign in using a personal account
Some societies use Oxford Academic personal accounts to provide access to their members. See below.
Personal account
A personal account can be used to get email alerts, save searches, purchase content, and activate subscriptions.
Some societies use Oxford Academic personal accounts to provide access to their members.
Viewing your signed in accounts
Click the account icon in the top right to:
Signed in but can't access content
Oxford Academic is home to a wide variety of products. The institutional subscription may not cover the content that you are trying to access. If you believe you should have access to that content, please contact your librarian.
Institutional account management
For librarians and administrators, your personal account also provides access to institutional account management. Here you will find options to view and activate subscriptions, manage institutional settings and access options, access usage statistics, and more.