How Do We Measure the Value of Health? - Economics and Pricing in Healthcare

Explore the complex economics of healthcare in this thought-provoking talk by economist Mariana Mazzucato. Delve into the challenges of measuring health's value, examining how price distortions and market failures impact treatment accessibility and innovation. Learn about the role of public and private sectors in healthcare financing, the concept of value-based pricing, and the importance of balancing value creation with fair pricing. Discover insights on topics such as the entrepreneurial state, public procurement, patents, and innovation in the welfare state. Gain a deeper understanding of how economic structures influence healthcare outcomes and consider potential solutions for creating a more equitable and efficient healthcare system.