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Economic Commentary

Enterprise Liability: A Prescription for Health Care Reform?

Few issues facing society touch as many lives as health care. Although most Americans would probably agree that the quality of available medical services in the United States is first-rate, many question whether the price being paid for that quality is too high. Recognizing this, President Clinton, who made health care reform a central promise of his campaign, appointed a blue-ribbon task force headed by First Lady Hillary Rodham Clinton to look into ways of containing skyrocketing costs while increasing access to the nation’s doctors and hospitals.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit for updates.

Suggested Citation

Carlstrom, Charles T. 1993. “Enterprise Liability: A Prescription for Health Care Reform?” Federal Reserve Bank of Cleveland, Economic Commentary 7/1/1993.