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How Behavioral Economics Can Help When You Think You Don't Have Enough Money: A Glimpse Into the Romanian Healthcare System

How Behavioral Economics Can Help When You Think You Don't Have Enough Money: A Glimpse Into the Romanian Healthcare System
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Author(s): Elena Druică (University of Bucharest, Romania)and Rodica Ianole (University of Bucharest, Romania)
Copyright: 2018
Pages: 16
Source title: Health Economics and Healthcare Reform: Breakthroughs in Research and Practice
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-3168-5.ch014

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Abstract

This work is a position paper discussing alternative viewpoints on factors that may influence the values of certain crucial healthcare efficiency indicators. We draw attention to the latest research in the area of behavioral economics, and make obvious certain inefficiencies in base healthcare packages, which are in close connection with human behavior. We begin with an analysis of healthcare expenses, first in absolute terms and then compare them with the Euro zone as well as former communist countries from Eastern Europe. The purpose is to offer multiple perspectives in relation to the widespread idea that medical care in Romania does not have the financial backing enjoyed in other places. We continue with the presentation of several healthcare variables and the attempt to find possible alternative explanations for their values and dynamics. Finally, we sum up with an emphasis on certain human behaviors that might underlie inefficiencies in healthcare packages and examine the corresponding experimental results, which offer some simple solutions to correct them.

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