Economics of Healthcare

Andrew Friedson is Director of Health Economics for the Research Department at the Milken Institute. Prior to this he taught undergraduate and graduate health economics at the University of Colorado Denver for over a decade. He has received numerous teaching and research award nominations, and won the 2015 National Tax Association's Richard Musgrave Prize, as well as an Impact Award as part of CU Denver's 2021 Pandemic Research and Creative Activities Awards. His research on public health insurance, cost of care provision, medical malpractice, risky health behaviours, and public health regulations has been covered in media outlets such as The New York Times, The Wall Street Journal, Newsweek, and The Economist, as well as academic publications including Health Economics, the Journal of Human Resources, and the Journal Health Economics.

Preface; Acknowledgments; Part I. Patients: 1. How Economists View Human Behavior; 2. Where Does Health Come From?; 3. Demand for Medical Care; 4. Health Insurance and Demand for Medical Care; 5. Evaluating Evidence; Part II. Providers: 6. Provider Firms; 7. The Medical Labor Force; 8. Providers and Incentives; 9. Hospitals; Part III. Health Insurers: 10. Health Insurance as a Product; 11. Adverse Selection; 12. Prices; 13. Managed Care; 14. Public Insurance; Part IV. The Sector at Large; 15. Pharmaceuticals; 16. Externalities; 17. Medical Malpractice; 18. Inequality; 19. International Comparisons.