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Which do you believe the U.S. health industry should focus more on, cost, quality or access...

Which do you believe the U.S. health industry should focus more on, cost, quality or access and why?

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Answer #1

Ans) Regulation is "controlling human or societal behavior by rules or restrictions."
Many forms, examples include:

  • Government imposed legal restrictions
  • Self-regulation by a trade organization
  • Social regulation (social norms)
  • Market regulation

- Health care: heavily regulated.

Ways to Regulate

- Many different types of consequences, or ways to induce behavior change.

  • Hassle and costs
  • Taxes
  • Fines
  • Public embarrassment
  • Initiated administrative or legal actions
  • Revocation of license, e.g. of a provider, hospital, nursing home, etc.

Drivers of Health Care Regulation

- Regulation generally focuses on 3 inter-related domains of health care:

  • Cost
  • Quality
  • Access

- Cost has historically been the most important driver of regulation.

Thus, the US industry should focus more on cost, quality & access.

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