Priority setting and resource allocation in the US health system: is there a place for hard caps?

Purpose The United States devotes a larger share of its GDP to health care and spends more on health care per capita than any other country. The sheer size of the total spending on health care, at approximately $3.5 trillion in 2017, puts significant pressure on all payers and crowds out other forms of public and private spending. Design/methodology/approach In this brief commentary the authors suggest that, as part of the effort to deal with...