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In Money and Medicine, Thomas E. Getzen provides a unified narrative of medical spending from ancient Egypt and Babylonia to the present day. Drawing on a historical reports, documents, and data, spanning millennia Getzen concentrates on a single indicator-the share of income devoted to medical care-to illustrate the growth of expenditures over time and across countries. In doing so, he explains inertial responses to the 2008 financial crisis and 2020 Covid recession while providing a forecasting model for trends over the next fifty years.

Produktbeschreibung
In Money and Medicine, Thomas E. Getzen provides a unified narrative of medical spending from ancient Egypt and Babylonia to the present day. Drawing on a historical reports, documents, and data, spanning millennia Getzen concentrates on a single indicator-the share of income devoted to medical care-to illustrate the growth of expenditures over time and across countries. In doing so, he explains inertial responses to the 2008 financial crisis and 2020 Covid recession while providing a forecasting model for trends over the next fifty years.
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Autorenporträt
Thomas E. Getzen is Professor Emeritus of Risk, Insurance, and Health Management at Temple University. Founder of iHEA-International Health Economics Association and its executive director for 22 years, he was instrumental in the formation of AfHEA-African Health Economics Association, ASHEcon-American Health Economics Association, and EUHEA - European Health Economics Association. His textbook Health Economics & Financing is now in its 6th edition and used at universities around the world. Formerly Editor-in-Chief for HEN-Health Economics Network at SSRN, associate editor for Health Economics, and a member of the Institute of Medicine committee for the future of public health, Professor Getzen currently produces the Model of Long Run Medical Cost Trends each year for the Society of Actuaries.