Managing complexity

How Behavioral Economics Could Solve America’s Health Care Woes

Dr. Kevin Volpp, a Wharton health care management professor and director of the Center for Health Incentives and Behavioral Economics, part of the Leonard Davis Institute of Health Economics at the University of Pennsylvania, believes that, despite a House of Representatives vote to repeal and replace it, America isn’t done dealing with the Affordable Care Act. He and Dartmouth College economics professor Jonathan Skinner wrote an article in the Journal of the American Medical Association that focuses on the application of behavioral economics to the complex problem of creating a health insurance system that works for all citizens. ….[READ]