✦ LIBER ✦

Managed care and shadow price

✍ Scribed by Ching-to A. Ma

Publisher: John Wiley and Sons
Year: 2004
Tongue: English
Weight: 91 KB
Volume: 13
Category: Article
ISSN: 1057-9230
DOI: 10.1002/hec.817

No coin nor oath required. For personal study only.

✦ Synopsis

A managed-care company must decide on allocating resources of many services to many groups of enrollees. The profit-maximizing allocation rule is characterized. For each group, the marginal utilities across all services are equalized. The equilibrium has an enrollee group shadow price interpretation. The equilibrium spending allocation can be implemented by letting utilitarian physicians decide on service spending on an enrollee group subject to a budget for the group.

📜 SIMILAR VOLUMES

Price elasticity and pharmaceutical sele

Price elasticity and pharmaceutical selection: the influence of managed care

✍ Marisa Elena Domino; David S. Salkever 📂 Article 📅 2003 🏛 John Wiley and Sons 🌐 English ⚖ 212 KB

## Abstract State Medicaid programs are turning increasingly to managed care to control expenditures, although the types of managed care programs in use have changed dramatically. Little is known about the influence of the shifting Medicaid managed care arena on treatment decisions. This paper inve

Managed care and technical efficiency

✍ H. Shelton Brown III 📂 Article 📅 2003 🏛 John Wiley and Sons 🌐 English ⚖ 119 KB

## Abstract By focusing exclusively on consumer benefit, previous studies of the effects of managed care have ignored important hospital efficiency gains. This study uses the HCUP sample of hospitals for 1992–1996 to estimate a stochastic frontier model of hospital technical efficiency. After contr

Managed Care, Ethics, and Counseling

✍ Jeffrey A. Daniels 📂 Article 📅 2001 🏛 American Counseling Association 🌐 English ⚖ 56 KB

In this article, the author addresses issues of managed care and ethics and how they relate to counseling. Specifically, a recent article published in The Counseling Psychologist (C. C. Cooper & M. C. Gottlieb, 2000) is reviewed. Implications for counselors and counselor educators are then explored.

Managed care: The future

✍ Francis J. Crosson 📂 Article 📅 1997 🏛 John Wiley and Sons 🌐 English ⚖ 77 KB 👁 2 views

Managed mental health care

✍ Robert M. Wettstein 📂 Article 📅 1994 🏛 John Wiley and Sons 🌐 English ⚖ 45 KB

The government and managed health care

✍ John W. Bussman 📂 Article 📅 1997 🏛 John Wiley and Sons 🌐 English ⚖ 69 KB 👁 2 views

I n 1985 the Oregon Legislature passed a bill to divert all Medicaid funds for transplants into prenatal care