The Feasibility of Managed Competition in the Reform of Health Care

Author

Michele Albertina, Fontbonne College

Year of Award

1994

Degree

Master of Business Administration (MBA)

College

College of Business & Professional Studies

Degree Program

Business Administration

Department

Business Administration

Keywords

Insurance, medicare, coverage, HMO, benefits

Abstract

The health care industry in the United States has been faced with increasing health care costs not only for consumers, but for providers, delivery services, the insurance industry, and care givers. In today's economic environment, most small businesses cannot afford health care for their employees; at the same time, it has become increasingly difficult for larger businesses also.

President Clinton has proposed a major reform of the U.S. health care system to guarantee that every single American citizen receives health care coverage. He has appointed his wife, Hillary Rodham Clinton, to head up the health care task force for reform. The President's most favored means of reform for the U.S. health care system is a concept that involves managed competition.

Managed competition is a concept developed by a professor at Stanford and an expert health care consultant, Alain C. Enthoven. There are many other proposals that include the concept of managed competition, and a Managed Competition Act was adopted in 1992. All of these proposals have been considered 1 by many as a way to reform health care and a way to control the increases in health care expenditures.

Some of the questions this thesis will address are:

•Should the government even get involved in regulating the health care industry given its track record and the exorbitant costs of running Medicare and Medicaid?

•Can we truly insure every single American citizen?

•Can we do it without disrupting the whole health care system, in a cost effective manner, while at the same time providing choice and quality care?

•Should we streamline the present system and eliminate the massive amount of paperwork?

•Is managed competition a starting point, or is it an answer to the health care crisis?

•Is there a health care crisis in the United 2 States?

Document Type

Restricted Thesis

Recommended Citation

Albertina, Michele, "The Feasibility of Managed Competition in the Reform of Health Care" (1994). All Theses, Dissertations, and Capstone Projects. 258.
https://griffinshare.fontbonne.edu/all-etds/258