Making Health Insurance That Consumers Actually Like stat : HBS

Professor Herzlinger is an expert on consumer-driven health care and innovation in health care. We pay 17 percent of our GDP for health care, and our health care is nowhere near as good as in many other countries that spend substantially less. Herzlinger: Consumer-driven health care just means you, me, our listeners, we control our health care system. His idea's to make health insurance that consumers like. That might seem almost impossible given that health insurance is the most disliked industry in the US, but he's managed to do it.




Tax Day And health insurance Under TrumpEnlarge this image toggle caption Brennan Linsley/AP Brennan Linsley/APYour federal income taxes are due April 18 this year, and — for perhaps several million people — a fine for failing to get health insurance is due that day, too. Fines for children who lack insurance coverage are half the amount for uninsured adults. Last year, according to the IRS, an estimated 6.5 million tax filers paid a fine that averaged $470. Nearly 13 million tax filers claimed an exemption for 2015 taxes, according to the IRS. If you bought your own insurance from the federal marketplace or a state health insurance exchange and you got a federal tax credit to help pay for that coverage, you have to take another step before you can file your taxes.


Why can't the Geico Gecko sell health insurance from coast to coast? Freeing them and new players to offer medical coverage nationwide would be an important and welcome way to make health insurance great again. "State insurance commissioners won't like it," Forbes's Avik Roy, M.D., recently predicted, "because it decreases their power when insurers can relocate."Too bad. He wonders: "Why not international health insurance?" Why not, indeed? Congress should use the U.S. Constitution's Interstate Commerce Clause to terminate these officials' veto power over which health insurers can enter their territories.


collected by :Lucy William

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