Victor R. Fuchs, PhD
Disclosures: Authors have disclosed no conflicts of interest. Forms can be viewed at www.acponline.org/authors/icmje/ConflictOfInterestForms.do?msNum=M14-1183.
Requests for Single Reprints: Victor R. Fuchs, PhD, Stanford Institute for Economic Policy Research, 366 Galvez Street, Stanford, CA 94305-6015; e-mail, email@example.com.
Author Contributions: Drafting of the article: V.R. Fuchs.
Final approval of the article: V.R. Fuchs.
This article applies major economic concepts, such as supply, demand, monopoly, monopsony, adverse selection, and moral hazard, to central features of U.S. health care. These illustrations help explain some of the principal problems of health policy—high cost and the uninsured—and why solutions are difficult to obtain.
Learn more about subscription options.
Register Now for a free account.
Fuchs VR. Major Concepts of Health Care Economics. Ann Intern Med. 2015;162:380–383. doi: 10.7326/M14-1183
Download citation file:
Published: Ann Intern Med. 2015;162(5):380-383.
Healthcare Delivery and Policy.
Results provided by:
Copyright © 2017 American College of Physicians. All Rights Reserved.
Print ISSN: 0003-4819 | Online ISSN: 1539-3704
Conditions of Use
This PDF is available to Subscribers Only