Convergence Level of Worth of Paid Resources with Worth of Skills, and Pricing: Policy by the Government: Balance between Rationalizing Medical Expenses and Accommodating Medical Professionals

Abstract

Purchaser and medical professionals have conflicting interests about price setting. Purchasers prefer pricing based on current amount of resources paid (‘worth of paid resources’)-fundamentally based on the attitude of ‘rationalizing medical expenses’, and medical professionals prefer pricing based on desirable amount of resources claimed by themselves (called ‘worth of skills’)-fundamentally based on the attitude of ‘accommodating medical professionals’. This study revealed the relative worth of paid resources for different kinds of surgeries and the absolute worth of paid resources for each kind of surgery do not converge respectively with the relative and absolute worth of skills. In this circumstance, the government needs to consider that prices should be set based on the perspective of rationalizing expenses or accommodating professionals, when they design the relative and absolute amount of prices for different kinds of rationalizing expenses or accommodating professionals, when they design the relative and absolute amount of prices for different kinds of surgeries. This study showed the government designed the relative and absolute amount of prices in a balanced manor of both views.