No two health care systems are alike yet there are many questions common to all. What is a market and how do markets work? Why do markets for health care fail so badly when left free of government intervention? If (or rather, when) governments do intervene in health care, what should be their objectives and what form should intervention take? What is the balance between efficiency and equity? Several types of systems exist along with different mechanisms within systems.These are comprehensively reviewed with an eye to their success as well as challenges for the future to both health care systems and health economics research.
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CAM DONALDSON is Health Foundation Chair in Health Economics and ESRC Advanced Institute of Management Research (AIM) Public Service Fellow, Centre for Health Services Research, School of Population & Health Sciences and Business School (Economics), University of Newcastle upon Tyne, UK.
KAREN GERARD is Senior Lecturer, Health Care Research Unit, Faculty of Medicine, Health and Life Sciences, University of Southampton and Senior Visiting Fellow, Health Economics Research Centre, Institute of Health Sciences, University of Oxford, UK.
CRAIG MITTON is a Research Scientist in the Centre for Healthcare Innovation and Improvement in the British Columbia Research Institute for Children's and Women's Health and Assistant Professor in the Department of Health Care and Epidemiology at the University of British Columbia, Canada.
STEPHEN JAN is Lecturer, Health Economics and Financing Programme, Health Policy Unit, London School of Hygiene and Tropical Medicine, UK.
VIRGINIA WISEMAN is Lecturer in Health Economics, Gates Malaria Programme, Health Policy Unit, London School of Hygiene and Tropical Medicine, UK.
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