The United States spends more on health care than any other nation
in the world, yet millions of Americans cannot afford basic care
for acute illnesses, few are insured against the costs of long-term
care, and many frequently used medical procedures have never been
fully evaluated. The goals of controlling spiraling health care
costs and extending insurance coverage or even maintaining current
insurance coverage seem to be in conflict. But progress can be made
on both goals if they are tacked together. Henry Aaron evaluates
these critical issues and explores how adequate care can be
provided without fueling inflation. Because the current
arrangements for financing America's health care cannot endure,
Aaron contends that a major national debate on the restructuring of
the U.S. system of financing health care is inescapable, and major
legislation is likely. Serious and Unstable Condition offers a
guide that is crucial to understanding the reform debate. It
explains the important economic issues of health care as a
background for evaluating both the current system and proposals for
change. Aaron compares the U.S. system of health care financing
with certain foreign systems and reviews major options for reform.
He cautions that unless the health insurance system is radically
changed, the number of uninsured will continue to increase and
costs will continue to escalate. He then offers his own
comprehensive plan to address these problems.
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