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Fixing Medical Prices

Fixing Medical Prices

How Physicians Are Paid

Miriam J. Laugesen

ISBN 9780674545168

Publication date: 11/21/2016

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Medical care prices in the United States are not only the most expensive in the world, but there are wide variations in what physicians are paid. Doctors at the frontlines of medical care who manage complex conditions argue that they receive disproportionately lower fees than physicians performing services such as minor surgeries and endoscopies. Fixing Medical Prices goes to the heart of the U.S. medical pricing process: to a largely unknown yet influential committee of medical organizations affiliated with the American Medical Association that advises Medicare. Medicare’s ready acceptance of this committee’s recommendations typically sets off a chain reaction across the entire American health care system.

For decades, the U.S. policymaking structure for pricing has reflected the influence of physician organizations. What Miriam Laugesen’s rich analysis shows is how these organizations navigate the arcane and complex work of this advisory committee. Contradicting the story of a profession in political decline, Fixing Medical Prices demonstrates that the power of physician organizations has simply become more subtle.

Laugesen’s investigation into the exorbitant cost of American medical care will be of interest to those who follow the politics of health care policy, the influence of interest groups on rate setting, and the medical profession’s past and future role in our health care system.

Praise

  • In Fixing Medical Prices: How Physicians Are Paid, Miriam Laugesen opens the ‘black box’ of policy choices embedded in the nation’s health financing system. Her thorough analysis of physician pricing exposes how seemingly technical decisions on physician prices are actually highly political—riddled with conflicts of interest and largely immune from public accountability. Policymakers and the public owe Miriam Laugesen a debt of gratitude for shining a light on fundamental policy flaws. We now have no excuse for failing to correct them.

    —Judith Feder, Georgetown University

Author

  • Miriam J. Laugesen is Associate Professor in the Department of Health Policy and Management at the Mailman School of Public Health, Columbia University.

Book Details

  • 288 pages
  • 6-1/8 x 9-1/4 inches
  • Harvard University Press

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