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WHY MEDICAL ECONOMICS?

JAMA. 1950;144(15):1263-1264. doi:10.1001/jama.1950.02920150037013.
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ABSTRACT

Recent papers by Dr. R. B. Robins, Vice President, American Medical Association, have provoked considerable comment on the questions What is medical economics? What does it mean? The answers are important to the general population and particularly to the medical profession. They are important because they are intimately and directly related to health, happiness and freedom.

Increasingly, medical economics is a topic of everyday conversation. People everywhere are now asking about the cost of medical care, the numbers of health personnel, ways to make medical care insurable and means of assuring every American the medical care he needs. As never before, medical economics is in the spotlight of public and medical discussion. Why is there this sudden interest? Is it due to a grave health crisis in this country? Has the cost of medical care suddenly shot upward? Is the prevailing pattern of medical care no longer meeting the needs

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