Richard G. Frank, PhD, the Margaret T. Morris Professor of Health Economics at HCP, and Joseph P. Newhouse, PhD, the John D. MacArthur Professor of Health Policy and Management, discuss “Mending the Medicare Prescription Drug Benefit: Improving Consumer Choices and Restructuring Purchasing” in a new health care paper sponsored by the Hamilton Project of the Brookings Institution.
The Hamilton Project was launched last year “to advance an economic strategy to restore America’s promise of opportunity, prosperity and growth—and inject new policy options from leading thinkers across the country into the national economic debate.” The project commissioned significant work in health policy, including two sets of papers, of which the Frank-Newhouse paper is one of the first. The full paper is available at the Brookings Institution website, as well as a video of a Q&A with Dr. Newhouse.


