NEJM Interview: Nancy Tomes on the century-long transition to a corporate business model in U.S. health care.
NEJM Interviews
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The Impact of Early Insurance Models on U.S. Healthcare Costs
This chapter examines the transformation of the U.S. healthcare system throughout the 20th century, emphasizing the growing prominence of hospitals and physicians in price-setting. It also discusses how Medicare and Medicaid's introduction sought to mitigate healthcare access issues but ultimately contributed to escalating costs.
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