Death and dignity - Terminal illness and the market for non-treatment

成果类型:
Article
署名作者:
Byrne, MM; Thompson, P
署名单位:
Baylor College of Medicine; University of Houston System; University of Houston
刊物名称:
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN:
0047-2727
DOI:
10.1016/S0047-2727(99)00047-X
发表日期:
2000
页码:
263-294
关键词:
Health care quality of life health insurance terminal illness health expenditures
摘要:
We construct a stochastic model of illness, death and treatment choice to analyze two proposals - legally-binding advance directives and insurer-paid compensation schemes - to reduce the incidence of aggressive and possibly futile end-of-life treatment. We assess whether, in a competitive insurance market, the proposals are consistent with (i) individual rationality in selection of competitive insurance contracts; (ii) medically ethical treatment provision, and (iii) reductions in end-of-life expenditures. We conclude that binding advance directives are always medically unethical, while compensation schemes are medically ethical. We derive the compensation schedule arising in a competitive equilibrium, and show that it reduces aggressive treatment and satisfies individual rationality. (C) 2000 Elsevier Science S.A. All rights reserved.
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