The Economists' Voice
Ed. by Cragg, Michael / Stiglitz, Joseph / Zwiebel, Jeffrey
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SCImago Journal Rank (SJR) 2015: 0.164
Source Normalized Impact per Paper (SNIP) 2015: 0.264
Impact per Publication (IPP) 2015: 0.143
Reducing Healthcare Costs Requires Good Market Design
- 1University of Maryland
- 2Kennesaw State University
Healthcare costs are no doubt too high, and Congress has been pushing for 13 years to harness market forces in Medicare procurement. But despite all this time, we are on the precipice of adopting a very poor market design according to Peter Cramton of University of Maryland and Brett Katzman of Kennewaw State University.
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