Controlling Hospital Costs: The Role of Government Regulation

Abstract

In this book, economist Paul Joskow explores the reasons for these increasing costs, the burdens of excessive hospital expenditures on the economy; and the government's role in reducing them and eliminating inefficiencies that plague the system. The growing public concern over rapidly rising health care costs, particularly hospital care, is understandable, with direct and indirect expenditures now amounting to about $100 billion each year. In this book, economist Paul Joskow explores the reasons for these increasing costs, the burdens of excessive hospital expenditures on the economy; and the government's role in reducing them and eliminating inefficiencies that plague the system.