Publications

January 22, 2024 | Publication

Health Insurance Coverage—Is Broader Always Better?

Insurance exists to protect enrollees against their financial exposure to catastrophically high-cost low-probability events. Indeed, health insurance began as sickness funds, where workers made weekly contributions to a fund that would temporarily provide a reduced wage to those too ill to work.
January 12, 2024 | Publication

Trust and Health Care-Seeking Behavior

A unique feature of health care markets, recognized by Arrow (1963), is that a physician, the supplier of medical services, is expected to act in the patient’s best interest.
January 11, 2024 | Publication

An Innovation-Driven Future For The Food And Drug Administration

With a variety of candidates vying for the Republican presidential nomination and President Joe Biden seeking re-election in the wake of the COVID-19 pandemic, health policy will remain a central issue for voters in the 2024 election.