Higher Education

Health Economics: Theory, Insights, and Industry Studies, 6th Edition

  • includes Economic Applications and InfoTracĀ® 2-Semester Printed Access Card
  • Dr. Rexford E. Santerre University of Connecticut
  • Dr. Stephen P. Neun Anna Maria College
  • ISBN-10: 1111822727  |  ISBN-13: 9781111822729
  • 576 Pages
  • Previous Editions: 2010, 2007, 2004
  • © 2013 | Published
  • College Bookstore Wholesale Price = $225.50
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About

Overview

Equip your students with a solid understanding of the costs and benefits associated with today's health care choices using the current, comprehensive coverage found only in Santerre/Neun's HEALTH ECONOMICS: THEORY, INSIGHTS, AND INDUSTRY STUDIES, 6E. Students develop a practical, powerful knowledge of today's health care systems as the text builds upon only the core foundation of economic theory, making this an ideal choice for students with either extensive or limited economic background. This new edition reflects the latest updates and contemporary developments in insurance and health care reform, including a thorough update of the Nyman Theory. A new appendix covers the Grossman Model, while an all-new Test Bank in this edition allows you to easily check student comprehension. Using a lively and inviting writing style, the text presents all topics in an easy-to-understand format with numerous real-world applications that students can readily apply to their own lives. Cengage Learning's CourseMate online learning resources combine with the book's full instructor support package to maximize student learning and your course's success.

Features and Benefits

  • BASIC ECONOMICS FORM THE FOUNDATION FOR STUDYING TODAY'S EVER-CHANGING FIELD OF HEALTH CARE. The authors very carefully use only the core foundations of economics as they thoroughly examine today's health care industry. This basic economic foundation gives you the flexibility to use this text for a variety of courses while successfully teaching students who have varying levels of prior economics experience.
  • EXTENSIVE COVERAGE INTRODUCES VARIETY OF INDUSTRY PERSPECTIVES. Packed with practical applications, this dynamic, hands-on text exposes students to institutional arrangement, operation, and performance of a large number of health care markets, including long-term care.
  • EMPHASIS ON COST-BENEFIT ANALYSIS HELPS STUDENTS BETTER UNDERSTAND HEALTH ECONOMICS. Throughout the text, the authors continue to stress the importance of cost-benefit analysis while demonstrate how this basic micro-principle is critical to understanding health economics.
  • COVERAGE OF REGRESSION ANALYSIS WITHIN AN EARLY APPENDIX OFFERS YOU FLEXIBILITY IN DEPTH OF STUDY. An appendix on regression analysis at the end of Chapter 1 gives you the option of introducing a more in-depth treatment of this important topic.

Table of Contents

1 Introduction.
2 Health and Medical Care: An Economic Perspective.
3 Cost and Benefit Analysis.
4 Health Care Systems and Institutions.
5 The Demand for Medical Care.
6 The Demand for Medical Insurance: Traditional and Managed Care Coverage.
7 Medical Care Production and Costs.
8 Structure, Conduct, Performance, and Market Analysis.
9 Government, Health, and Medical Care.
10 Government as Health Insurer.
11 The Private Health Insurance Industry.
12 The Physician Services Industry.
13 The Hospital Services Industry.
14 The Pharmaceutical Industry.
15 The Long-Term Care Industry.
16 Health Insurance Reform.

What's New

  • THE LATEST UPDATES AND COVERAGE REFLECT TODAY'S MOST CURRENT DEVELOPMENTS IN THE FIELD. New and expanded coverage of key topics, trends and advancements, including the most recent insurance and health care reforms, ensure this revision and your course remain as accurate and current as possible.
  • NEW APPENDIX DETAILS THE GROSSMAN MODEL. Now you have the choice of thoroughly introducing your students to this critical model of that has formed the framework for so much of today's economic study and research related to health behavior with this edition's new Appendix on the Grossman Model.
  • ALL-NEW TEST BANK OFFERS VARIETY OF QUESTIONS TO SAVE YOU TIME WHILE ENSURING STUDENT COMPREHENSION. Now you can save time in preparation while testing your students' comprehension of the text material with this edition's new Test Bank. Your selection of more than 300 new questions, including multiple-choice and true/false, allow you to easily create tests that are perfect for your course.
  • NEW COMPREHENSIVE REVIEW MATERIALS OFFER MORE OPPORTUNITIES FOR HANDS-ON PRACTICE. This edition's new review questions and problems give your students more opportunities to prepare for exams as well as more practical experience in applying chapter concepts to real-world issues.

Alternate Formats

Choose the format that best fits your student's budget and course goals

To customize your learning solution, contact your Learning Consultant for more information.

  • Book Only

    ISBN-10: 1111822743 | ISBN-13: 9781111822743

    List Price = $374.95  | CengageBrain Price = $374.95  | College Bookstore Wholesale Price = $282.00

Learning Resource Bundles

Choose the textbook packaged with the resources that best meet your course and student needs. Contact your Learning Consultant for more information.

Printed Text + CourseMate Instant Access

ISBN-10: 1305122577 | ISBN-13: 9781305122574

List Price = $312.95  | CengageBrain Price = $312.95  | College Bookstore Wholesale Price = $235.50

This Bundle Includes:

  • Health Economics: Theory, Insights, and Industry Studies
    List Price = $299.95  | CengageBrain Price = $299.95  | College Bookstore Wholesale Price = $225.50
  • CourseMate Instant Access
    List Price = $239.00  | CengageBrain Price = $239.00  | College Bookstore Wholesale Price = $239.00


Efficacy and Outcomes

Reviews

"The most market-friendly book I've read. Many health economics texts ignore market forces and assume that because there is so much government intervention in health care that it must be a good thing."

— Katie Showman, Florida State University

"Very user friendly. Lots of illustrations and examples. Significant instructor resources to aid with lecture and homework."

— Joey Crosby, Ph.D, R.Ph, Armstrong Atlantic State University

Supplements

All supplements have been updated in coordination with the main title. Select the main title's "About" tab, then select "What's New" for updates specific to title's edition.

For more information about these supplements, or to obtain them, contact your Learning Consultant.

Instructor Supplements

Health Economics (Book Only)  (ISBN-10: 1111822743 | ISBN-13: 9781111822743)

Equip your students with a solid understanding of the costs and benefits associated with today's health care choices using the current, comprehensive coverage found only in Santerre/Neun's HEALTH ECONOMICS: THEORY, INSIGHTS, AND INDUSTRY STUDIES, 6E. Students develop a practical, powerful knowledge of today's health care systems as the text builds upon only the core foundation of economic theory, making this an ideal choice for students with either extensive or limited economic background. This new edition reflects the latest updates and contemporary developments in insurance and health care reform, including a thorough update of the Nyman Theory. A new appendix covers the Grossman Model, while an all-new Test Bank in this edition allows you to easily check student comprehension. Using a lively and inviting writing style, the text presents all topics in an easy-to-understand format with numerous real-world applications that students can readily apply to their own lives. Cengage Learning's CourseMate online learning resources combine with the book's full instructor support package to maximize student learning and your course's success.

List Price = $374.95  | CengageBrain Price = $374.95  | College Bookstore Wholesale Price = $282.00

Student Supplements

Health Economics (Book Only)  (ISBN-10: 1111822743 | ISBN-13: 9781111822743)

Gain a solid understanding of the costs and benefits associated with today's health care choices with the current, comprehensive coverage found only in HEALTH ECONOMICS: THEORY, INSIGHTS, AND INDUSTRY STUDIES, 6E. You develop a practical, powerful knowledge of today's health care systems as the text builds upon only the core foundation of economic theory, making this the ideal choice whether you have an extensive or limited economic background. This new edition reflects the latest updates and contemporary developments in insurance and health care reform, including a thorough update of the Nyman Theory and an entire new appendix covering the Grossman Model. Using a lively, inviting writing style, the text presents all topics in an easy-to-understand format with numerous real-world applications that you can readily apply to your own lives. Rely on HEALTH ECONOMICS: THEORY, INSIGHTS, AND INDUSTRY STUDIES, 6E and accompanying resources, such as the online CourseMate interactive learning tools, to help you better understand today's constantly changing field of health care.

List Price = $374.95  | CengageBrain Price = $374.95  | College Bookstore Wholesale Price = $282.00

Meet the Author

Author Bio

Dr. Rexford E. Santerre

Dr. Rexford E. Santerre, Professor of Finance and Healthcare Management at the University of Connecticut, has taught at the college level for more than 25 years. In addition to co-authoring HEALTH ECONOMICS, he has written numerous articles for various general and specialty academic journals, including the American Journal of Public Health, Applied Health Economics and Health Policy, Economic Inquiry, Healthcare Management Review, Health Economics, International Journal of Health Care Finance and Economics, Journal of Law and Economics, Medical Care Research and Review, National Tax Journal, Public Choice, Southern Economic Journal, and The Review of Economics and Statistics. He received his Ph.D. from the University of Connecticut.

Dr. Stephen P. Neun

Dr. Stephen Neun is Vice President for Academic Affairs at Antioch University New England. He previous served as Academic Dean at Anna Maria College, as Professor of Economics, Assistant Vice President for Academic Affairs, and as Dean of the School of Graduate and Extended Studies at Utica College. In addition to co-authoring HEALTH ECONOMICS, he has published articles on Federal Reserve policy and the location decision of primary care. He also has published articles on executive compensation and corporate control in such journals as the Quarterly Journal of Business, Economics and Managerial Decision Economics, and The Review of Economics and Statistics. He received his Ph.D. in economics from the University of Connecticut.