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Social and Behavioral Sciences Commons™
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Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
The Economics Of Healthcare Rationing, Michael D. Frakes, Matthew B. Frank, Kyle Rozema
The Economics Of Healthcare Rationing, Michael D. Frakes, Matthew B. Frank, Kyle Rozema
Faculty Scholarship
This article examines the economics of healthcare rationing. We begin with an overview of the various dimensions across which healthcare rationing operates, or at least has the potential to operate, in the first place. We then describe the types of economic analyses used in healthcare rationing decision-making, with particular reference to cost-benefit analysis and cost-effectiveness analysis. We also discuss healthcare rationing in practice, such as how economic analyses inform decisions regarding which services to cover, and conclude by discussing various practical and conceptual challenges that may arise with economic analyses and that span both economics and ethics.
Do Physicians Respond To Liability Standards?, Michael D. Frakes, Matthew Frank, Seth Seabury
Do Physicians Respond To Liability Standards?, Michael D. Frakes, Matthew Frank, Seth Seabury
Faculty Scholarship
In this paper, we explore the sensitivity in the clinical decisions of physicians to the standards of care expected of them under the law, drawing on the abandonment by states over time of rules holding physicians to standards determined by local customs and the contemporaneous adoption of national-standard rules. Using data on broad rates of surgical interventions at the county-by-year level from the Area Resource File, we find that local surgery rates converge towards national surgery rates upon the adoption of national-standard rules. Moreover, we find that these effects are more pronounced among rural counties.