A century ago, health services absorbed few resources and provided
little benefit. Since then, advances in medical knowledge and
techniques have escalated both the benefits and the costs. The
affordability of health services is being questioned in even the
richest countries, and the economic aspects of health policy have
become ever more intrusive. Australia is no exception, with its
health system now absorbing 19% of all government tax revenue.
Familiarity with economic issues - such as how to assess health
outcomes, how to assign resources efficiently and what financial
arrangements will promote equity as well as efficiency - is
essential to understanding health policy. This is especially so at
a time when the economics of health care are being internationally
re-examined, with new forms of competition, challenges to public
ownership and case-mix funding of hospitals under scrutiny, and a
re-evaluation of the benefits of pharmaceuticals and new
technologies underway. Economics and Australian Health Policy
offers this understanding to readers with and without formal
economic training. It starts with an introduction to both the
economic way of thinking about health systems, and the context in
which those economic questions are raised - the structure of the
Australian health system, its culture and its patterns of financial
flows. It then describes and appraises from an economic perspective
the major components of the system and the policy issues which
arise. This collection has been specially commissioned to address
both Australia's most pressing policy issues and the needs of
public health and health economic policy-makers, academics,
commentators and students. The list of contributors reads like a
who's who in Australian health economics, who have been encouraged,
clearly successfully, to write accessibly yet with authority and
conviction.
General
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