'Modern Healthcare' Examines Malani's Research on Effects of Increased Insurance Coverage on Medical Innovation

Outliers: Will research suffer after reform?
Modern Healthcare
October 13, 2012

Better health insurance coverage—such as that being provided by healthcare reform—may be bad for medical innovation.

That's one conclusion of a study produced by two University of Chicago professors who studied the relationship between insurance coverage and medical breakthroughs.

While the study, “How Do Health Care Reforms Affect Medical R&D? The Subject Market Effect,” includes a dizzying amount of mathematical calculations to back up their claims, one of the authors put it in the more simple terms of supply and demand.

Anup Malani