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The Orthopaedic Forum   |    
Topics in Medical Economics: Health Care Rationing
Joseph Bernstein, MD, MS1
1 Department of Orthopaedic Surgery, Veterans Hospital, University of Pennsylvania, 424 Stemmler Hall, Philadelphia, PA 19104. E-mail address: orthodoc@post.harvard.edu
View Disclosures and Other Information
The author did not receive grants or outside funding in support of his research for or preparation of this manuscript. He did not receive payments or other benefits or a commitment or agreement to provide such benefits from a commercial entity. No commercial entity paid or directed, or agreed to pay or direct, any benefits to any research fund, foundation, educational institution, or other charitable or nonprofit organization with which the author is affiliated or associated.

The Journal of Bone and Joint Surgery, Incorporated
J Bone Joint Surg Am, 2006 Nov 01;88(11):2527-2532. doi: 10.2106/JBJS.F.00820
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Extract

In America—perhaps the richest country in the history of the world—rationing is ubiquitous. Ferrari sports cars are rationed. Apartments on Central Park West in New York City are rationed. Wine from Châteauneuf-du-Pape is rationed. Rationing is necessary simply because there are more people wanting to live on Central Park West, for example, than there are apartments to house them. Whenever there is scarcity of supply relative to demand, there must be some means for allocating the goods in question. For the goods just described, the method of rationing is price.
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