Managed care and shadow price.

Measuring adverse selection in managed health care.

Health plans paid by capitation have an incentive to distort the quality of services they offer to attract profitable and to deter unprofitable enrollees. We characterize plans' rationing as a "shadow price" on access to various areas of care and show how the profit maximizing shadow price depends on the dispersion in health costs, individuals' forecasts of their health costs, the correlation b...

Shadow Price Specification of Natural Gas in Production Activities of the Iranian Economy

Natural gas plays a key role in Iran’s economy and using its shadow price in allocating it to different sectors can lead to optimal use of this resource. This study uses a non-linear input-output model to estimate the shadow price of natural gas in different economic sectors in Iran. The study uses values of the input-output table constructed by the Statistics Center of Iran for the year 2011. ...

Derivation Of Shadow Price For CO2 Gas Emission Using Distance Function Approach

Is the impact of managed care on hospital prices decreasing?

Prior studies find that the growth of managed care through the early 1990s introduced a strong positive relationship between price and concentration in hospital markets. We hypothesize that the relaxation of constraints on consumer choice in response to a "managed care backlash" has diminished the price sensitivity of demand facing hospitals, reducing or possibly reversing the price-concentrati...

In This Issue: Price-fixing and Physicians Groups Price Discrimination in Hospital Pharmacies Staff Privileges and Exclusions

The Federal Trade Commission provided new guidance on its standards for “clinical integration” in its 2006 Advisory Opinion to Suburban Health Organization, Inc., stating that, if a network of competing physicians meets the FTC’s clinical integration standards, it may negotiate with a managed care organization (MCO) on behalf of its physician members without fear of a federal Antitrust prosecut...