Policy & the Economy

May 28, 2025
Podcast: When a Healthcare Expert Becomes a Patient
In this bonus episode of our series, “Insight Unpacked: American Healthcare and Its Web of Misaligned Incentives,” a healthcare economist must make critical decisions with partial information.
David Dranove

March 1, 2025
Investors Are Gobbling Up Smaller Medical Practices. Should Regulators Be Concerned?
These under-the-radar transactions have driven up the price of anesthesia by about 30 percent.
Aslihan Asil, Paulo Ramos, Amanda Starc and Thomas G. Wollmann

February 1, 2025
What Happens to Communication When Part of a Team Is Relocated?
As one cancer center expanded, relocation of some clinicians led to fewer in-person interactions for all.
Jillian Chown and and coauthors

July 22, 2024
Podcast: American Healthcare—Is This the Best We Can Do?
In the final episode of our 5-episode series, “Insight Unpacked: American Healthcare and Its Web of Misaligned Incentives,” we travel overseas, and through our own backyard, in search of a way forward.
Craig Garthwaite, David Dranove and Amanda Starc

July 15, 2024
Podcast: The Bargain That Fuels Big Pharma
What will we pay for the next groundbreaking drug? In episode 4 of our 5-episode series, “Insight Unpacked: American Healthcare and Its Web of Misaligned Incentives,” we explore the trade-off at the heart of pharmaceutical innovation.
Craig Garthwaite, Amanda Starc and Kevin Outterson

July 8, 2024
Podcast: The Misadventures of Insuring America
In episode 3 of our 5-episode series, “Insight Unpacked: American Healthcare and Its Web of Misaligned Incentives,” we explain how insurance companies became everybody’s favorite villain.
Craig Garthwaite, David Dranove and Paul Campbell

July 1, 2024
Podcast: The Power of the Physician's Pen
We rely on doctors to keep us healthy. In episode 2 of our 5-episode series, “Insight Unpacked: American Healthcare and Its Web of Misaligned Incentives,” we learn at what cost.
Craig Garthwaite, David Dranove and Paul Campbell

June 24, 2024
Podcast: The Problem with Megaproviders
In episode 1 of our 5-episode series, “Insight Unpacked: American Healthcare and Its Web of Misaligned Incentives,” we investigate how hospital systems got so big—and what that means for our health and our pocketbooks.
Craig Garthwaite, David Dranove and Lawton R. Burns

June 21, 2024
Podcast: Introducing Insight Unpacked, Season 2
American Healthcare and Its Web of Misaligned Incentives
Craig Garthwaite, David Dranove, Amanda Starc and Paul Campbell

April 19, 2024
Psychedelic-Assisted Therapy Is Going Mainstream. How Will the Industry Grow Around It?
While significant barriers remain—including regulatory uncertainty and the difficulty of scaling a labor-intensive treatment method—industry leaders see a path forward.
David Schonthal, Michael Cotton, David Esselman and Ryan Reid

February 5, 2024
What Happens When We Give Doctors an AI Assistant?
Machine-learning systems can improve physicians’ accuracy at diagnosing dermatological diseases. But even with AI assistance, physicians struggle to close the accuracy gap between light- and dark-skinned patients.
Matthew Groh, Omar Badri, Roxana Daneshjou, Arash Koochek, Caleb Harris, Luis R. Soenksen and Rosalind Picard

October 6, 2023
Can We Build a Better Prescription Drug Market?
Medicare will soon be able to negotiate directly with drug makers. But one economist explains why “the goal should be to increase value, not just lower prices.”
Amanda Starc

February 2, 2023
Consumers Lose Out When Health Insurers Offer Lots of Plans
While extra choices are usually considered a good thing, insurers are able to use them strategically to maximize profits.
Hector Chade, Victoria Marone, Amanda Starc and Jeroen Swinkels

February 1, 2023
Will AI Eventually Replace Doctors?
Maybe not entirely. But the doctor–patient relationship is likely to change dramatically.
David Dranove and Craig Garthwaite

September 1, 2022
How Humanizing Disease Could Be a New Public Health Tool
Anthropomorphizing a disease changes how we feel about it—and the steps we take to avoid it.
Lili Wang, Rima Touré-Tillery and Ann L. McGill

June 21, 2022
Where Is the U.S. Healthcare Industry Headed?
New business models abound, private equity is expanding, and healthcare workers are hard to find.
David Dranove and Craig Garthwaite

June 1, 2022
Consumers Pay When Generic Drug Companies Collude. Here’s a Way to Stop Them.
Price-fixing by pharmaceutical cartels can cost billions, and the threat of lawsuits isn’t enough to deter it.
Amanda Starc and Thomas G. Wollman

April 5, 2022
We Hear a Lot about New Drugs. But What Spurs Innovation in Medical Procedures?
There’s been little research on what brings about new procedures, despite how life-changing they can be.
David Dranove, Craig Garthwaite, Christopher Heard and Bingxiao Wu

April 1, 2022
How Social Stigma Can Dissuade Us from Taking Care of Our Health
A new study explores the decisions that go into seeking preventative care.
Chethana Achar, Lea Dunn and Nidhi Agrawal

June 21, 2021
How Did “Big Med” Get So Big—and So Expensive?
Two economists explain how the American healthcare system evolved into the behemoth it is today—and what can be done to lower costs and improve patient care.
David Dranove and Lawton R. Burns
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