A bad incentive structure creates a dire shortage
Ten years ago, soaring health care costs prompted the Clinton administration to propose sweeping reforms to the health care system, including a substantial new role for the federal government. But the plan drafted under the guidance of First Lady Hillary Clinton was defeated in Congress. A decade later, the problems with our health care system seem to have only gotten worse. In the recent economic downturn, millions lost their insurance along with their jobs, adding to the estimated 40 to 45 million Americans who have no medical insurance at all. Meanwhile the costs incurred by government and businesses to keep the rest of us covered are skyrocketing. Has the HMO model of health care that became predominant in the 1990s failed us? If so, what should replace it?
The United States leads the developed world in spending on health care, at nearly 15 percent of our GDP. But based on measures such as life expectancy at birth, Americans receive a lower level of care than do the citizens of many countries that spend less. What's wrong with health care in America? And how should we fix it? Peter Robinson speaks with John F. Cogan and Alain Enthoven.
Peter Robinson and Stephen Kotkin discuss Trump’s response to the COVID-19 crisis, Kotkin’s thoughts on the Chinese leadership class and the advantages they may seek to exploit, and which country—China or the United States—will come to represent the more successful or compelling model to other nations.
China has come to Africa. Can U.S. policy makers find ways to mesh, not clash, with Beijing’s interests? By Christopher C. Starling.
How nurses can help relieve spiraling health-care costs
Vertical Integration: Hospital Ownership Of Physician Practices Is Associated With Higher Prices And Spending
We examined the consequences of contractual or ownership relationships between hospitals and physician practices, often described as vertical integration.
Can we talk?
The medical and moral rebuke to doctor-assisted suicide
Trouble at the core of the medical economy
Ideas to reform health care, elections, politicians, society, and the family with Avik Roy and John Podhoretz.
Sometimes racial information can help in treatment
Medical science won't support smoking
The United States spends a mind-boggling percentage of its GDP on a health care system that virtually everyone agrees is a disaster. Is there any way out of this mess? There is—and Hoover fellow Milton Friedman has found it.
How to regulate a booming industry
A stranglehold on food and medicine