July 23, 2004
Health Care Economics: 6th Edition
Author: Paul J. Feldstein
ISBN: 1401859798
publisher: Delmar Learning
The 6th edition of Paul Feldstein's Health Care Economics will be published July 2004. The entire text, including the numerous figures and tables, has been updated in this edition. In addition, two new sections have been added. The first is an Appendix to Chapter One providing a review of the basics of supply and demand analysis, equilibrium price, price elasticity, and competitive and monopoly markets. The second is a new, comprehensive, Chapter on the Pharmaceutical Industry. Topics included in the new Chapter are a discussion of the structure of the industry, the patent process, drug firm pricing, re-importation of drugs, and industry performance.
New subject material has also been included in existing Chapters, e.g., an extended discussion of the treatment approach for measuring the rise in medical prices, new material on quality of care, the insurance underwriting cycle, a new Appendix on a method for developing a risk-adjusted premium, and a new Appendix on cost-shifting. As in previous editions, chapters such as An Overview of the Medical Care Sector, The Demand for Health Insurance, and The Legislative Marketplace, provide a comprehensive discussion of their topics not found in other texts.
A similar distinguishing feature of the new edition is its in-depth discussion of topics. Various sections in the book also contain historical overviews of the evolution of certain issues to the present time.
Throughout the book basic economic concepts and diagrams are used to a much greater extent than other texts. Students are more readily able to see the applicability of economics to understanding the issues being discussed.
All the figures and tables in the book will be available in power point or as overheads for those instructors adopting the text.
For instructors to request a review copy go to http://www.delmarhealthcare.com/health/
Alternatively, instructors can call 1-800-477-3692 to order a review copy.

