Perspectives Articles: Exploring Stakeholder Perspectives on What is Affordable Health Care

Risk Management and Insurance Review, Vol. 13, Issue 2, pp. 251-263, 2010

13 Pages Posted: 9 Apr 2012

See all articles by Marjorie Rosenberg

Marjorie Rosenberg

University of Wisconsin - Madison - School of Medicine and Public Health

Paul H. Johnson, Jr.

affiliation not provided to SSRN

Date Written: Fall 2010

Abstract

Health care expenditures have accounted for increasing proportions of the U.S. gross domestic product, and the rate of growth of health care expenditures has increased over the past two decades. These two measures of assessing whether the level of health care expenditures is affordable may be appropriate in the aggregate for the United States but are not appropriate to assess whether individual stakeholder groups can afford their particular level of spending on health care. Health care is an economic good that differs from other economic goods, as it involves life and death issues, and invokes a call for a moral authority. This article explores definitions of what is affordable health care from the perspective of different stakeholders and suggests that other measures are needed to assess whether or not health care is affordable for stakeholders as one definition is not appropriate for all stakeholders.

Suggested Citation

Rosenberg, Marjorie and Johnson, Jr., Paul H., Perspectives Articles: Exploring Stakeholder Perspectives on What is Affordable Health Care (Fall 2010). Risk Management and Insurance Review, Vol. 13, Issue 2, pp. 251-263, 2010, Available at SSRN: https://ssrn.com/abstract=2036893 or http://dx.doi.org/10.1111/j.1540-6296.2009.01174.x

Marjorie Rosenberg (Contact Author)

University of Wisconsin - Madison - School of Medicine and Public Health ( email )

Madison, WI 53711
United States

Paul H. Johnson, Jr.

affiliation not provided to SSRN

No Address Available

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