| Insurance effects on US medical spending (1960-1993). | |
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MedLine Citation:
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PMID: 9890329 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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Regression results show that nearly half of 1960-1993 growth in real per capita medical spending and almost two-thirds of its 1983-1993 growth were due to ever-increasing levels of insurance coverage (the spending portion paid by third parties). Growth in coverage may have played a minor part as well; we would not rule out the standard finding that it has had a positive but relatively small effect. Viewed from a different perspective, the results imply that about two-thirds of 1960-1993 spending growth came via cost-increasing advances in medical technology resulting from: (1) commercial research and development induced by coverage levels and (2) noncommercial medical research. The remaining one-third, was due to standard factors: age-sex mix changes, income growth and coverage growth (the latter playing a small but indeterminate part). |
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Authors:
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E A Peden; M S Freeland |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Health economics Volume: 7 ISSN: 1057-9230 ISO Abbreviation: Health Econ Publication Date: 1998 Dec |
Date Detail:
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Created Date: 1999-03-22 Completed Date: 1999-03-22 Revised Date: 2004-11-17 |
Medline Journal Info:
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Nlm Unique ID: 9306780 Medline TA: Health Econ Country: ENGLAND |
Other Details:
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Languages: eng Pagination: 671-87 Citation Subset: IM |
Affiliation:
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Office of Strategic Planning, Health Care Financing Administration, Baltimore, MD 21244, USA. |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Age Factors Female Health Expenditures / statistics & numerical data*, trends Humans Income / statistics & numerical data, trends Insurance Coverage / economics, statistics & numerical data* Insurance, Health / economics, statistics & numerical data* Insurance, Health, Reimbursement / statistics & numerical data, trends Male Models, Econometric* Regression Analysis Research / statistics & numerical data, trends Sex Factors Technology, Medical / statistics & numerical data, trends United States |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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