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Health Care Reform: Design Principles for a Patient-Centered, Consumer-Based Market

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Publication Date: April 2008

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Edmund F. Haislmaier

Series: Backgrounder

Topic: Economics (Consumers and consumption)
Health (Health services administration)

Keywords: Health care; Health Insurance; health care reform; value maximizing

Type: Report

Coverage: United States

Abstract:

The foundational insight behind consumer-centered health care reform is that the only way to achieve better value is to make the consumer (and patient) the key decision maker in the system. Only a consumer-centered health care system offers the incentives needed to maximize value and produce more for less both systematically and consistently over the long term.