Health Policy
Faculty
Y. Iwamoto
Description
Although health care and long-term care services are private goods that
are excludable and have rivalry, the government intervenes into the market
of those services because of two reasons. First, those services should be
accessible to all people. Second, asymmetric information should not have
an adverse effect on quality or safety.
While income transfer from the working generation spreads a risk of costs
for the elderly, the sustainability of this scheme will be in danger as
the population structure is aging.
This course reviews economic way of thinking about policies on health care
and long-term care markets.
Topics include: Appropriate level of medical spending; health insurance;
long-term care insurance; reform of delivery system; future financial projection.