Thanks to a ridiculous accounting trick enabled by the new tax law, the cost of funding the Children's Health Insurance Program went from $8 Billion to $800 million. How is this possible? And how is it still not funded? Dr. Aaron Carroll...

As we've explained in previous episodes, insurance is complicated. Even John gets confused (watch the video!). But there's a reason we have all these deductibles, co-pays, and co-insurance. It's because of the moral hazard, and a very...

This Video Explains Insurance Considerations for the Business

In this video, the topic of asymmetric information in markets is discussed. Two forms of asymmetric information are covered: adverse selection and moral hazard. Adverse selection is illustrated through the example of the second-hand car...

Kidnapping has created a growing insurance industry, which regulates ransom demands and saves lives. But it's a complicated business model in which poorer victims are losing out. Read more hereref='https://econ.st/2S97rrl'...

Jamal explores salary with his family his dad is getting a pay rise. He has lots of questions - What is salary? When do you get paid?

Access to healthcare in childhood has long term effects on health outcomes, but many children in the US are either uninsured or underinsured, meaning they often don’t have access to the care they need. Why is that and what can we do...

In this video, the teacher explains two important accounting concepts - the money measurement concept and the cost concept - using the example of Peter's grocery store. The concepts highlight that only events that can be valued in terms...

What is an Insurable Interest?

We've been hearing a lot of pretty general plans to implement Medicare for all Americans. How would that work? Medicare as it exists today has some coverage gaps. How would that be addressed in Medicare for All?

The US healthcare system has a huge gap. A lot of care giving isn't covered, and it falls on families and friends to pick up the slack. It can take a lot of time and help to make it through an illness, and there isn't much coverage for...

In this video, the speaker provides an overview of various financial institutions that operate in the financial sector, including insurance companies, hedge funds, pension funds, crowdfunding platforms, building societies, and private...

Lists several quality management items to check and discusses the benefits of assuring your calculations

This Video Explains: What is Strict Product Liability

The Affordable Care Act

This week, Aaron recaps the year on Healthcare Triage. All of it. Hear about all the stuff we made in 2015, with links!

What is Automobile Insurance?

This video explains the concept of insurance and the relationship between the insured party and the insurer. The video emphasizes the importance of understanding risk mitigation, the value exchanged through premiums, and the key...

This video discusses the concept of unions and collective bargaining agreements in the workplace. It explores different perspectives on strikes, the role of unions in protecting workers' rights, and the potential abuses of union power....

Have you ever been offered Whole Life Insurance as an investment opportunity? If so, you might be wondering... "Is this for real?"

I'm Young & Healthy, Can I Skip Health Insurance?

Jamal's dad is in car accident, he is ok but his car isn't! Luckily he has insurance but Jamal has some questions - What is Insurance? Why do people have insurance? It also covers different types of insurance.

There's another case concerning the Affordable Care Act that's hitting the Supreme Court, and it's a big deal. It has the potential to strip subsidies that help buy health insurance from millions of people across the country. The case is...

We've been getting a lot of requests to talk about the health care systems of different countries. It's really hard to compress the complexities of each into an episode, but we're going to try. First up is the United States. Others will...