Medical Cost Containment

Medical Inflation and Cost Containment

Concern continues to be expressed about the rapid rise of health care costs in the United States, its present impact, implications for the future, and alternative policies aimed at moderating the increase. For example, a 1990 survey of 821 chief executive officers of businesses in Wisconsin revealed that 67 percent perceived health costs as "substantially out of control" with 96 percent respond...

Health Care Cost Containment and Medical Innovation

Introduction Innovations in medical care have led to improvements in quality and quantity of life. Researchers estimated that improvements in medical care contributed to the life expectancy for newborns increasing by almost seven years from 1960 to 2000. However, U.S. health spending reached an estimated 2.7 trillion dollars in 2010 and the health share of the gross domestic product is projecte...

Cost containment and the standard of medical care.

Medical Malpractice and Cost Containment: Tightening the Screws

Cost Containment in Workers' Compensation: Evaluating Medical Fee Schedules

Medical expenditures in workers' compensation programs have been subjected to few cost containment strategies. As workers' compensation costs have escalated, however, increasing attention is being given to the role of medical fee schedules in containing the prices of medical services. To this end, we develop a model for estimating the potential cost savings from implementing medical fee schedul...