Professor Matt Notowidigdo begins his new book Better Health Economics: An Introduction for Everyone by asking the question "What does health insurance do?"
Event Details
Health insurance confers numerous benefits to the previously uninsured, including improvements in health, reductions in out-of-pocket spending, and reductions in medical debt. Professor Notowidigdo's research finds that health insurance also confers financial benefits to health care providers because the uninsured often pay only a small share of their medical expenses. The prevalence of this "uncompensated care" for the uninsured helps us understand the low take-up of heavily-subsidized public health insurance and why hospitals have continually pushed for expansions of public health insurance programs. The Affordable Care Act's Medicaid expansion has been a useful laboratory for health economists studying these issues.
$20, includes a drink ticket.
Program
6:00 PM-6:30 PM: Reception
6:30 PM-7:30 PM: Professor Notowidigdo's presentation
7:30 PM-8:00 PM: Audience Q & A
Speaker Profiles
Professor Matt Notowidigdo (Speaker) '06
The David McDaniel Keller Professor of Economics, Chicago Booth
www.chicagobooth.edu/faculty/directory/n/matthew-notowidigdo
Matthew J. Notowidigdo studies a broad set of topics in labor economics and health economics. In labor economics, his research has focused on understanding the causes and consequences of long-term unemployment and the economic effects of unemployment insurance over the business cycle. Notowidigdo's research in health economics focuses on the effects of public health insurance on labor supply and the effects of income on health spending. He is currently working with several state governments on large-scale randomized experiments of existing social insurance programs.
Outside of academia, Notowidigdo has corporate experience as an associate at Lehman Brothers in the Fixed Income Division, and he has consulted for several professional sports teams on ticket pricing. Within academia he has teaching experience at both the undergraduate and graduate level, and he was honored with the distinction of the Carleton E. Tucker Award for Teaching Excellence in 2004.
Notowidigdo studied at the Massachusetts Institute of Technology before joining Chicago Booth in 2010 as an Assistant Professor. In 2014, he joined the Department of Economics at Northwestern University as Associate Professor of Economics. In 2020, Notowidigdo returned to Booth as Professor of Economics. He holds a BS in economics, a BS in computer engineering, a MEng in computer science, and a PhD in economics. He is currently a Research Associate at the National Bureau of Economics Research, a co-editor at American Economic Journal - Economic Policy, and an Associate Editor at the Quarterly Journal of Economics.
Questions
John Salvino, '06
Chicago Booth Finance Roundtable Chair