Illinois joins lawsuit as insurers brace for end of Obamacare subsidies – 10/14/17
Article discusses the numerous threats made by the Trump administration to undermine Obamacare, raising many questions for consumers. According to Professor Craig Garthwaite, “In some states, it’s possible some gold-level exchange plans might actually be better deals than some silver-level plans because of how states asked insurers to handle price increases due to uncertainty over the cost sharing-reductions.”
Why Companies Lose 17 Percent of Women Employees at Mid-Career – 10/12/17
Article discusses the statistic that 93 percent of highly qualified women who leave want to return to their careers, but find it increasingly difficult to do so. Dean Sally Blount attributes marriage, having children, and caring for aging parents as some of the diversions to a woman’s career path, which she calls the “Mid-Career Marathon.”
Catalans Face a Deadline Dilemma – 10/11/17
Prime Minister Mariano Rajoy gave his Catalan antagonist Carles Puigdemont five days to clarify whether he has declared independence from Spain or not. “Puigdemont strikes me as playing primarily a tactical game -- like speed chess,” said Adjunct Lecturer Daniel Lansberg-Rodriguez. “It’s not a game Catalonia can realistically win; the rules too strongly favor Madrid and it has too many strong pieces.”
Harvard Business Review
What If Socially Useful Jobs Were Taxed Less Than Other Jobs? – 10/11/17
Article by Professor Charles Nathanson explores the potential benefits of taxing people less if their job has a social value that is higher than the individual’s compensation. For example, good teachers raise the eventual incomes of their students, and the social value of those teachers’ jobs are twice as large as the salaries the teachers receive.
Marriage Is For Smart Rich People Now – 10/11/17
Article takes a look how marriage is struggling in America, the divorce rate hovers around 50 percent, and less people are getting married than ever before. Professor Eli Finkel’s new book The All-or-Nothing Marriage: How the Best Marriages Work is featured, noting that Finkel took a wealth of data and boiled it down to simple advice. This topic is also discussed on WTTW Chicago Tonight.
Crain’s Chicago Business
5 things Trump doesn’t know about health care – 10/10/17
Article by Professor Joel Shalowitz discusses President Trump’s proposal “to allow health insurance companies to sell policies across state borders and allow multiple employers to band together to buy coverage.” Shalowitz argues that this plan is impractical, as well as unnecessary, and would do little to help the American people.
Trump says he’s likely to sign healthcare order this week – 10/10/17
Article discusses President Donald Trump’s announcement that he will likely sign an order this week to allow Americans to buy stripped-down health insurance policies, which would further undermine Obamacare. Professor Craig Garthwaite shares his insight on the potential order: “It unwinds the ability of people with pre-existing conditions to get insurance under the ACA.” Also covered on CNBC.com.
Equihack, Online Dating, Transparency And You – 10/09/17
Article by Professor Robert Wolcott discusses the Equifax hack and how most people have become “impressively desensitized to the notion of sharing [their] data.” A majority of people will get a little worried but do nothing in response to a breach like this. Wolcott further explores data sharing by exploring online dating and transparency in online media content.
New York Times
Can the U.S. Repair Its Health Care While Keeping Its Innovation Edge? – 10/09/17
Article takes a look at the juxtaposition between the U.S.’s leading innovation in health care and the problems with our overall healthcare system. The relationship between healthcare innovation and profits in the States is highest in biopharmaceuticals and medical devices, according to Professor Craig Garthwaite. “In these sectors, firms are able to patent innovations, and we have a good sense of how additional research funds lead to new products.”