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Innovation, aging, and health care: unraveling “silver” from “red” herrings?

Costa-Font, Joan ORCID: 0000-0001-7174-7919 and Levaggi, Rosella (2020) Innovation, aging, and health care: unraveling “silver” from “red” herrings? Health Economics (United Kingdom), 29 (S1). 3 - 7. ISSN 1057-9230

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Identification Number: 10.1002/hec.4187

Abstract

This perspective paper argues that a sustainable health system design encompasses identifying opportunities and incentives for innovation, alongside an analysis of its effect on expenditure. Although aging alone is not a powerful cost driver, the combined effect of costly innovation, personalized care, and the rise of chronic conditions is. We identify an increasing role of prevention, the reduction of the prevalence of chronic conditions, re-organisation of incentives in health care markerts, including a closer scrutiny of the appropriateness of new treatments.

Item Type: Article
Additional Information: © 2020 John Wiley & Sons Ltd.
Divisions: Health Policy
Subjects: H Social Sciences > H Social Sciences (General)
R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
Date Deposited: 16 Jun 2022 08:09
Last Modified: 19 Feb 2024 06:06
URI: http://eprints.lse.ac.uk/id/eprint/115377

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