Supply and demand factors in the determination of Medicare expenditures.

From: Health Services Research | Date: February 1, 1992| Author: Rizzo, John A. | Copyright information

The high and rising cost of the Medicare system and what to do about it have received enormous attention in the health policy literature (e.g., Harvard Medicare Project 1986; Prospective Payment Assessment Commission 1986; Physician Payment Review Commission 1987; Office of Technology Assessment 1986; Congressional Budget Office 1986). Most cost-containment recommendations have stressed the importance of constraining the growth in Medicare expenditures while preserving beneficiary...

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