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Voice versus Exit in Health Care Policy

9 Pages Posted: 27 Oct 2012  

M. Todd Henderson

University of Chicago - Law School

Date Written: 2012

Abstract

This essay uses the recent controversy over President Obama’s mandate that insurance companies provide generous birth control coverage to explore larger issues about the optimal locus of health care decision making. Mandates may be justified in some instances, but they sacrifice choice and local variation and perhaps lead to worse social outcomes. The key question for policy makers is whether market processes or rule by expert is more likely to strike the right balance of choice and mandate.

Keywords: law and economics, federalism, health care policy, birth control

Suggested Citation

Henderson, M. Todd, Voice versus Exit in Health Care Policy (2012). Pathology Case Reviews, Vol. 17, No. 4, July/August 2012; University of Chicago Institute for Law & Economics Olin Research Paper No. 613; U of Chicago, Public Law Working Paper No. 402. Available at SSRN: https://ssrn.com/abstract=2167470

M. Todd Henderson (Contact Author)

University of Chicago - Law School ( email )

1111 E. 60th St.
Chicago, IL 60637
United States
773-834-4168 (Phone)
773-702-0730 (Fax)

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