Enroll Course: https://www.coursera.org/learn/regulated-competition-healthcare-systems
In the complex world of healthcare, achieving a balance between affordability, accessibility, and quality is a constant challenge. Many countries grapple with this, and a common approach gaining traction is ‘regulated competition’ or ‘managed competition.’ If you’re interested in understanding how healthcare systems can be reformed to better serve populations, Coursera’s ‘Regulated Competition in Healthcare Systems: Theory & Practice’ is an excellent resource.
This MOOC, taught by knowledgeable instructors, provides a comprehensive overview of the theory and practical applications of regulated competition. It delves into why government intervention is often necessary in healthcare and traces the evolution of health reforms over the past century. A key takeaway is the recognition that both markets and governments have their imperfections in healthcare, and the central task lies in navigating between market and government failures.
The course meticulously breaks down the model of regulated competition, explaining how it aims to simultaneously foster affordability and efficiency. It highlights ten crucial preconditions that must be met for competitive healthcare markets to truly succeed, and importantly, discusses the consequences when these preconditions are not addressed. This practical aspect allows learners to evaluate the progress of regulated competition implementation in various countries.
Furthermore, the course tackles ongoing reforms, including premium regulation, risk equalization, and risk-sharing in health insurance markets, explaining how these mechanisms mitigate the inherent incentives for risk selection. It also scrutinizes competition regulation in healthcare, covering vital areas like hospital merger control, insurer monopsony power, and the delicate balance between integration, coordination, and competition.
Finally, the MOOC explores provider payment systems, examining the incentives and reforms that drive efficiency and discussing various value-based payment methods. By the end of this course, you will possess a solid understanding of regulated competition, its theoretical underpinnings, practical challenges, and its potential to shape more equitable and effective healthcare systems.
Overall, ‘Regulated Competition in Healthcare Systems: Theory & Practice’ is highly recommended for policymakers, healthcare administrators, students of health economics and policy, and anyone interested in the intricate mechanisms of modern healthcare reform.
Enroll Course: https://www.coursera.org/learn/regulated-competition-healthcare-systems