This volume is the product of a joint conference of the University of Chicago Law School and Medical School on health reform that was convened after NFIB v. Sebelius was decided. An interdisciplinary group of experts—economists, lawyers, health care professionals—discussed the meaning of the case, its impact on the implementation of the Affordable Care Act (ACA), and the question of health care reform. The authors of this volume shed some light on a set of key issues that inform current health care policy in the United States, the recent health care reform legislation, and future avenues of re ... More

This volume is the product of a joint conference of the University of Chicago Law School and Medical School on health reform that was convened after NFIB v. Sebelius was decided. An interdisciplinary group of experts—economists, lawyers, health care professionals—discussed the meaning of the case, its impact on the implementation of the Affordable Care Act (ACA), and the question of health care reform. The authors of this volume shed some light on a set of key issues that inform current health care policy in the United States, the recent health care reform legislation, and future avenues of reform. The first section of the book deals with legal challenges to the ACA and the way the Supreme Court's decision shaped the contours of the law's implementation. The authors discuss the case overall and in a jurisprudential and administrative law context, as well implications for the future. The second section discusses the fiscal consequences of the ACA from both economic and accounting perspectives. The third section presents cases for and against the ACA and discusses inefficiencies in the market and payment reform. The fourth section deals with health care technology and examines the cost-effectiveness of various technologies and the complex relationship between health insurance expansions and new medical technologies. The final section focuses on the new health insurance exchanges and presents two opposing views on whether there are significant search frictions when individuals shop for health insurance contracts and whether the ACA will promote efficiency or forestall innovation.