By Nicolas Terry and Frank Pasquale
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Our guest this week is Craig Garthwaite, Associate Professor of Strategy and the Co-Director of the Health Enterprise Management Program (HEMA) at the Kellogg School of Management at Northwestern University. An applied microeconomist, Craig has published research on how changes in law and policy affect the health and biopharmaceutical sectors.
After a quick review of the AHCA collapse’s aftermath, we discussed why the rate of increase of health care spending has been declining. We covered his 2012 article, “The Doctor Might See You Now: The Supply Side of Public Health Insurance Expansions,” and looked at the nonprofit hospital as “insurer of last resort” when other forms of financing care are not available. We closed with some dystopian speculation: what if Trump predictions of ACA’s “collapsing” become a self-fulfilling prophecy?
As the highly unstable health policy landscape approaches Inception-level complexity, be sure to follow Craig’s blogging at Code Red, where he and David Dranove offer economic perspectives on the US health care system.
The Week in Health Law Podcast from Frank Pasquale and Nicolas Terry is a commuting-length discussion about some of the more thorny issues in Health Law & Policy. Subscribe at iTunes, listen at Stitcher Radio, Tunein and Podbean, or search for The Week in Health Law in your favorite podcast app. Show notes and more are at TWIHL.com. If you have comments, an idea for a show or a topic to discuss you can find us on twitter @nicolasterry @FrankPasquale @WeekInHealthLaw
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