In summary, the recent surge of health-care-cost inflation has evoked strong political pressures to control costs. These pressures have been intensified by uncertainties regarding the performance of the entire economy and by growing doubts about the efficacy of many costly medical modalities. In response to these pressures, private third-party payors, large employers, and federal and state governments have intensified their cost-control efforts. Government regulation of health costs is becoming more extensive and vigorous. In spite of evidence that regulation has not previously been very effective, in the current political climate expanded regulatory controls will somewhat curb health-cost inflation. But because in the long-run the most intense political pressures on regulators will be for more rather than less health-care spending, only a rather modest reduction in rates of increase will be achieved.
|Original language||English (US)|
|Number of pages||11|
|Journal||Bulletin of the New York Academy of Medicine: Journal of Urban Health|
|State||Published - Jan 1 1978|
ASJC Scopus subject areas
- Public Health, Environmental and Occupational Health