Abstract:
Receiving health care is becoming increasingly costly while at the same time those who need the care most are not getting it. As a society, Americans spent over $666 billion on health care in 1990, or 12.2% of GNP. This is compare to 7% in 1970 and 9% in 1980. Skyrocketing costs combined with the fact that over 37 million Americans are without health insurance has fired the debate for health care reform. The question that now needs to be answered is not whether we should reform the system, but in what form should reform take place. The objective of this paper is to analyze several proposals of providing health care to the United States. Managed competition will then be discussed thoroughly as the greatest possibility for success in health care reform.