In my conversations with people about the healthcare coverage, most everyone is under the assumption that they need health insurance in case of an unexpected illness. Facts unfortunately do not support this misplaced trust in having insurance and being immune to financial disaster from a health emergency. 60% of all personal bankruptcies in the US are due to healthcare bills--this is terribly sad...

Several decades ago, employers became entangled in the provision of healthcare by offering to pay for health insurance and benefits to their employees as an incentive for employee retention. Why a business would want to delve into a market and benefit provision that they know nothing about is a different discussion but now US employers provide 88% of non-governmental health insurance. Over the yea...

All doctors take the Hippocratic oath in medical school to uphold values of providing best medical care and safeguarding the interests of their patients. Though the medical education prepares these doctors to make complex medical decisions and strive to do best for their patients, the path does not teach any economics of healthcare. The result is that all physicians, myself included, come out of o...