Published by:
Harvard Business Publishing
Length: 11 pages
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Abstract
In "Making Competition in Health Care Work" (July-August 1994), Elizabeth Olmstead Teisberg, Michael E. Porter, and Gregory B. Brown ask a question that has been absent from the national debate on health care reform: How can the United States achieve sustained cost reductions while at the same time maintaining quality of care? The authors argue that innovation driven by rigorous competition is the key to successful reform. A lasting cure for health care in the United States should include four basic elements: Corrected incentives to spur productive competition, universal insurance to secure economic efficiency, relevant information to ensure meaningful choice, and innovation to guarantee dynamic improvement. In this issue''s Perspectives section, eleven experts examine the current state of the health care system and offer their views on the shape that reform should take.
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Abstract
In "Making Competition in Health Care Work" (July-August 1994), Elizabeth Olmstead Teisberg, Michael E. Porter, and Gregory B. Brown ask a question that has been absent from the national debate on health care reform: How can the United States achieve sustained cost reductions while at the same time maintaining quality of care? The authors argue that innovation driven by rigorous competition is the key to successful reform. A lasting cure for health care in the United States should include four basic elements: Corrected incentives to spur productive competition, universal insurance to secure economic efficiency, relevant information to ensure meaningful choice, and innovation to guarantee dynamic improvement. In this issue''s Perspectives section, eleven experts examine the current state of the health care system and offer their views on the shape that reform should take.