Mixed signals: Public policy and the future of health care R&D

Research output: Contribution to journalArticlepeer-review

14 Scopus citations

Abstract

The incentives facing health care research and development (R&D) are influenced by the ambiguous signals sent by private and public insurance decisions affecting the use of, and payments for, existing technologies. Increasingly, that uncertainty is exacerbated by confusion over technologies' impact on health care costs, how costs are to be measured, and the social difficulty of determining medical "need" for purposes of insurance coverage. R&D executives appear to believe that "major" advances are more likely to win such coverage and thus to be profitable. The products that result, therefore, may make the current policy dilemma of cost containment versus service restriction more acute rather than less so. If the aim of policy is to cut costs, innovative remedies are necessary.

Original languageEnglish (US)
Pages (from-to)112-125
Number of pages14
JournalHealth Affairs
Volume18
Issue number2
DOIs
StatePublished - 1999

ASJC Scopus subject areas

  • Health Policy

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