ADVISORY/Experts Available To Discuss Rising Cost of Health Care.Business Editors ADVISORY... --(BUSINESS WIRE)--Jan. 8, 2001 TOPIC: Americans spent $1.3 trillion on health care in 2000, nearly 7 percent more than in 1999, and costs will continue to rise faster than inflation, MSNBC reports. According to a report by the Health and Human Services Department's Centers for Medicare and Medicaid Services, spending averaged $4,637 per person and increased in all categories, especially prescriptions, which rose a whopping 17.3 percent, the story said. Experts attributed higher spending to increased bargaining power of hospitals and health providers for higher insurance payments, consumer demand for newer and higher-priced drugs and the aging of baby boomers. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Victor Tabbush is an adjunct adjunct (aj´ungkt), n a drug or other substance that serves a supplemental purpose in therapy. adjunct professor at the Anderson Graduate School of Management at UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX and Director of the Center for Health Services health services Managed care The benefits covered under a health contract Management. Tabbush is a specialist in the area of health care economics and management, and founder of the school's Center for Health Care Management, which provides education and research for health care providers. He is a regular speaker in health care programs conducted by the Wharton School, and teaches managerial economics managerial economics Application of economic principles to decision making in business firms or other management units. The basic concepts are drawn from microeconomic theory, but new tools of analysis have been added. at Anderson. PR: Kimberly Lisella kimberly.lisella@anderson.ucla.edu Prof. Jonathan Gruber is an economist at MIT MIT - Massachusetts Institute of Technology and the author of more than 50 published papers. His research spans a variety of topics in both health economics and public economics, including: the structure of the health insurance market; how the health insurance and labor markets labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience interact; public health insurance programs (Medicare and Medicaid Medicare and Medicaid U.S. government programs in effect since 1966. Medicare covers most people 65 or older and those with long-term disabilities. Part A, a hospital insurance plan, also pays for home health visits and hospice care. ) and their impacts on health and well being and hospital and physician behavior and markets. 617/253-8892 Prof. David Dranove is the Walter McNerney Distinguished Professor of Health Industry Management at Northwestern University's Kellogg Graduate School of Management. He is also Professor of the Department of Management and Strategy. Professor Dranove's research and teaching focus on problems in industrial organization and business strategy with an emphasis on the health care industry. He has published over seventy research papers, monographs, and book chapters, and is coauthor co·au·thor or co-au·thor n. A collaborating or joint author. tr.v. co·au·thored, co·au·thor·ing, co·au·thors To be a collaborating or joint author of: "He and a colleague . . . of the popular textbook textbook Informatics A treatise on a particular subject. See Bible. The Economics of Strategy and the trade book How Hospitals Survived. 847/491-8682 ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource, a collaboration of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/expertsource. Business Wire's Media Resource Center provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com/media) for more information. |
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