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Victor R. Fuchs
Feb 7, 2024
Jan 31, 2024
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Current cost-containment strategies will undoubtedly result in fewer health services for patients. The effects of reductions in services on health and social welfare depend upon the amount and distribution of services (relative to potential benefit) prior to cost containment, and on the size and selectivity of the reductions. Disagreement over whether cost containment has gone too far arises from disagreements about the criterion (health or social welfare), the prior distribution, and how selective the reductions will be. In the long run, selectivity will be the key to successful cost containment.
Author(s): Victor R. Fuchs
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Volume 64, Issue 3 (pages 479–488) Published in 1986
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The Milbank Quarterly is an editorially independent multidisciplinary journal that offers in-depth assessments of the social, economic, political, historical, legal, and ethical dimensions of health and health care policy.