It's the Prices, Advanced Capitalism, and the Need for Rate Setting — Stupid. Issue 4 (December 2016)

• Record Type: Journal Article
• Authors: Frankford, David M.
• Other Names: Rosenbaum Sara guest-editor.; Thorpe Jane Hyatt guest-editor.
• Is Part Of: Journal of law, medicine & ethics. Volume 44:Issue 4(2016)
• Page Start: 569
• Page End: 575
• Publication Date: 2016-12
• Subjects: Medical laws and legislation -- United States -- Periodicals; Medical care -- Law and legislation -- United States -- Periodicals; Medical ethics -- Periodicals; Jurisprudence -- Periodicals; Legislation, Medical -- Periodicals; Legislation, Nursing -- Periodicals; Ethics -- Periodicals; Forensic Medicine -- Periodicals; Nursing -- Periodicals; Medicine -- Periodicals; Societies -- Periodicals; Medical care -- Law and legislation; Medical ethics; Medical laws and legislation; United States; Periodicals; 344.73041
• DOI: 10.1177/1073110516684788
• Languages: English
• ISSNs: 1073-1105

Abstract

Competition cannot stem the rise of health care expenditures because it leaves agency diffuse and transferred in part to the institutions of advanced capitalism, which excel in generating demand for their services. The United States should turn to state rate setting to concentrate purchasing power.