Front Cover -- Book Title -- Copyright -- Contents -- Preface to the Second Edition -- Acknowledgments -- Introduction -- Chapter 1: The Challenge: Obtaining High-Quality, Affordable Health Care -- The Good: Innovation -- The Bad: High Costs and a Large Uninsured Population -- High Costs: No Easy Answer -- The Uninsured Population: Many Causes, Uncertain Consequences -- The Ugly: Backlash against Markets and the Misguided Policy Response -- The Backlash against Markets -- The Misguided Policy Response -- Chapter 2. Five Policy Reforms to Make Markets Work -- Increase Individual Involvement in Health Care Decisions -- In Private Markets, Reform Taxation of Health Spending -- Increase Cost Sharing in Government Programs -- Deregulate Insurance Markets and Redesign Medicare and Medicaid -- Deregulate Insurance Markets -- Redesign Medicare and Medicaid -- Expand Provision of Health Information -- Control Anticompetitive Behavior -- Reform the Malpractice System -- Study the Tax Preference for Nonprofits -- Chapter 3. Impacts of Proposals on Health Care Spending, the Uninsured, the Federal Budget, and the Distribution of Tax Burdens -- Effects of Reforms on Health Care Spending -- Tax Deductibility -- Tax Credit -- Insurance-Market Reform -- Malpractice Reform -- Summary and Discussion -- Effects of Reforms on the Number of Uninsured -- Tax Deductibility -- Tax Credit -- Insurance-Market and Malpractice Reforms -- Summary and Discussion -- Effects of Reforms on the Federal Budget -- Tax Deductibility -- Tax Credit -- Insurance-Market and Malpractice Reforms -- Subsidy for the Chronically Ill -- Summary and Discussion -- Distributional Impact -- Conclusion -- Appendix A. Estimating the Impact of Policy Reforms on Health Care Spending -- Appendix B. Estimating the Impact of Policy Reforms on Uninsurance.

Appendix C. Derivation of the Elasticity of Total Health Care Spending with Respect to the After-Tax Price of Out-of-Pocket Spending -- Appendix D. Estimating the Impact of Policy Reforms on the Federal Budget -- Notes -- About the Authors -- About the Hoover Institution's Working Group on Health Care Policy -- Index -- About the Hoover Institution and the American Enterprise Institute.