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1 - Health Care Markets and Competition Policy

Published online by Cambridge University Press:  24 November 2022

Roger D. Blair
Affiliation:
University of Florida
Christine Piette Durrance
Affiliation:
University of Wisconsin
Tirza J. Angerhofer
Affiliation:
Duke University, North Carolina
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Summary

In Economics 101, we learn that competition and competitive markets provide the biggest bang for the buck. Market imperfections, however, impair the competitive process and introduce inefficiencies that, in time, reduce the well-being of society. In this chapter, we discuss how the antitrust laws can be used to promote competition in the US health care sector, which could save consumers, health insurers, and the government billions of dollars. We provide a road map of the issues that we will discuss in later chapters.

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Publisher: Cambridge University Press
Print publication year: 2022

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References

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Waters, Rob. (2020). California’s Sutter Health Settlement: What States Can Learn about Protecting Residents from the Effects of Health Care Consolidation. New York: Milbank Memorial Fund. www.milbank.org/wp-content/uploads/2020/09/Sutter-History-Report_v3.pdf.Google Scholar

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