Skip to Content

Jackson Library

 
  • Email
  • Print
  • Share

Featured Faculty Books: Healthy, Wealthy, and Wise

Daniel Philip Kessler, Professor of Economics, Law, and Policy, Graduate School of Business; Senior Fellow, Hoover Institution; Professor of Law (by courtesy), School of Law; Professor of Health Research and Policy (by courtesy), School of Medicine; Lacob Family Faculty Fellow for 2006-07

 

Healthy, Wealthy, and Wise: Five Steps to a Better Health Care System

Healthy, Wealthy, and Wise: Five Steps to a Better Health Care System
by R. Glenn Hubbard, John Cogan, and Daniel Kessler
American Enterprise Institute Press, 2005.

[icon=Video) Book discussion Video [58:16 min]

 

The authors present their prescription for healing the U.S. healthcare system. Their proposal emphasizing private market competition includes: tax, insurance, and malpractice reform; an upgrade of health information; and greater competition by providers and insurers. Appendices offer estimates of the cost-saving financial impact of these reform policies. The book discusses how several problems including glaring gaps in the quality and efficiency of care, high rates of uninsurance, and out-of-control cost, can be resolved by empowering patients.

About Daniel Phillip Kessler

 

Stanford Professor Kessler's research interests include empirical studies in antitrust law, law and economics, and the economics of health care. His recent work focuses on the consequences of hospital mergers and hospital ownership (nonprofit versus for-profit) for the cost and quality of medical care. His new book, Healthy, Wealthy, and Wise: Five Steps to a Better Health Care System (with John Cogan and R. Glenn Hubbard), outlines how market-based health care reform in the U.S. can help fix our system's current problems. Currently, he is investigating how to use medical claims data to identify the types of health care providers that are likely to commit Medicare fraud and abuse.
more...