Paying for cost-effective health care: Does it violate both static- and dynamic efficiency?

Authors

  • Tomas J Philipson University of Chicago, USA

DOI:

https://doi.org/10.5617/njhe.1289

Keywords:

pharmaceuticals, reimbursement, cost-effectiveness analysis

Abstract

Recent research has questioned the rationales of using cost-effectiveness metrics of medical technologies to guide reimbursement. I discuss here the underlying ideas of this research, which argues that reimbursement based on cost effectiveness criteria leads to both static- and dynamic inefficiencies.

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Published

2015-03-09

Issue

Vol. 5 No. 1 (2017): Special issue: The value of new technology

Section

Special Issue

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