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New Way to Care
Social Protections that Put Families First
John C. Goodman (Author)
Price: $28.95

You may pre-order this title now and we will ship it to you when it is available.
John C. Goodman (Author)

Hardcover • 384 pages • 24 figures • 6 tables • 6 x 9 inches • Index

ISBN-13: 978-1-59813-317-2

Publication Date: Dec. 7, 2020

Publisher: Independent Institute

Hardcover (ISBN 978-1-59813-317-2)
eBook Coming Soon
New Way to Care
Social Protections that Put Families First
John C. Goodman (Author)
Price: $28.95

You may pre-order this title now and we will ship it to you when it is available.

Hardcover • 384 pages • 24 figures • 6 tables • 6 x 9 inches • Index

ISBN-13: 978-1-59813-317-2

Publication Date: Dec. 7, 2020

Publisher: Independent Institute

Hardcover (ISBN 978-1-59813-317-2)
eBook Coming Soon


The COVID-19 pandemic. The Great Recession. The dot-com bust. The early ’90s recession. Every decade or so a disaster hits the United States and reminds us that many American families live one calamity away from financial ruin.

But what if there were a better way to help families protect themselves from life’s risks? And what if that way did not further bloat large government bureaucracies, increase taxes and debt, and inflate even more their obscene budgets?

Fortunately, author, economist, policy entrepreneur, and Independent Institute Senior Fellow John C. Goodman, Ph.D., has forged just such a path.

In New Way to Care: Social Protections That Put Families First, Goodman offers a bold strategy for giving Americans more control over their destiny, while still promoting—at far less expense—the important social goals that gave rise to government safety-net programs in the first place.

Here are just a few of the life-risks to which Goodman—the “Father of Health Savings Accounts,” according to the Wall Street Journal—presents solutions:

  • Growing too old and outliving one’s assets
  • Dying too young and leaving dependent family members without resources
  • Becoming disabled and facing financial catastrophe
  • Suffering a major health event and being unable to afford needed medical care
  • Becoming unemployed and finding no market for one’s skills.

In New Way to Care, Goodman invites us to envision smartly crafted social protections that better empower and serve the nation’s families, harmonize individual and societal interests, foster personal responsibility and government accountability, bridge the partisan divide over social spending—and eliminate the risk that America’s safety-net expenditures will drive the U.S. economy over a fiscal cliff. The debate in America over social insurance will never be the same.


Table of Contents

Introduction: A New Approach to Public Policy

Section 1: A Better Way to Manage Life’s Risks

  1. The Case for Change
  2. Balancing Individual and Societal Interests
  3. Alternatives That Offer Individual Choice
  4. Choice, Ownership, Responsibility

Section 2: Taking a Closer Look at the Risks

  1. The Risk of Growing Too Old and Outliving One’s Assets
  2. The Risk of Dying Too Young and Leaving Dependent Family Members without Resources
  3. The Risk of Becoming Disabled and Facing Financial Ruin
  4. The Risk of Facing a Major Health Event and Being Unable to Afford Needed Medical Care
  5. The Risk of Becoming Unemployed and Finding No Market for One’s Skills
  6. The Risk of Plagues, Pandemics, and Other Threats to Public Health

Section 3: Taking a Closer Look at Some Solutions

  1. Addressing the Risks of Old Age
  2. Opting Out of Social Security Survivor Insurance
  3. Opting Out of Social Security Disability Insurance
  4. Addressing the Risk of Ill Health
  5. Opting Out of Unemployment Insurance
  6. Combatting the Coronavirus

Conclusion: Life under a Reformed System
Appendix 1: Ten Things You Need to Know about Medicare for All
Appendix 2: What Socialized Medicine Looks Like
About the Author


“John Goodman is a national treasure whose New Way to Care: Social Protections That Put Families First should be national policy. It is pragmatic, knowledgeable, and accessible. Read it and help to accomplish John’s wise advice.”
Regina E. Herzlinger, Nancy R. McPherson Professor of Business Administration, Harvard Business School

“John Goodman is an extraordinarily deep, knowledgeable, and original architect of American domestic policy. His book New Way to Care provides a compelling path out of our terrible social insurance policy morass. It is a must read for anyone truly seeking to make America great again.”
—Laurence J. Kotlikoff, William Fairfield Warren Distinguished Professor and Professor of Economics, Boston University

“Long one of the nation’s leading health policy experts, Goodman has a history of proposing the next big thing in market-based reforms. New Way to Care takes readers on a tour of federal entitlement programs in search for win-win policy changes that can leave everyone better off. Anyone alarmed that the safety net will not remain safe can find cause for hope here.”
Mitchel E. Daniels, Jr., President, Purdue University; former Governor of Indiana; former Director, U.S. Office of Management and Budget; Co-Chair, Committee for a Responsible Federal Budget

“No one has worked longer and more effectively at creating a modern, people-oriented and affordable health system than John Goodman. He is an amazing pioneer and his book New Way to Care reflects his knowledge and his insights. In the book, he shows what’s wrong with our antiquated system of social insurance. Other countries, he writes, have found better solutions that merit our attention.”
Newt Gingrich, former Majority Leader, U.S. House of Representatives

“John Goodman is someone everyone should listen to when it comes to healthcare policy—with his book New Way to Care, the same can now be said for social insurance. While many misdiagnose the problems with our healthcare and social insurance systems, Goodman correctly identifies one of the most serious problems—inefficient regulations. While others propose more regulation to cure the ills caused by past regulations, Goodman proposes the types of market-based reforms that can make our social insurance system function better.”
Kevin M. Murphy, George J. Stigler Distinguished Service Professor of Economics, University of Chicago; Member, American Academy of Arts and Sciences; MacArthur Fellow

“John Goodman is one of the most creative thinkers of our time in the complex world of health care policy. In his book New Way to Care, he puts forth important, thought-provoking ideas about the role of government in the personal lives of Americans. Read it!”
Scott W. Atlas, M.D., Robert Wesson Senior Fellow, Hoover Institution; Member, White House Coronavirus Task Force

“In New Way to Care, John Goodman is consistently ahead of his time with market solutions which align incentives that respect the agency of individuals while ensuring there is a social safety net. What he writes today will be policy in the coming years.”
Bill Cassidy, M.D., U. S. Senator

“In his book New Way to Care, John Goodman again demonstrates the creativity that led to his invention of ‘Health Savings Accounts.’ John shows that the major risks of life—health, premature death, outliving one’s assets, disability, unemployment—are made worse by inefficient government policies. John shows in detail how elimination of many government policies would enable people to use the private market to minimize these risks at a much lower cost. Under the right circumstances, this book could improve many areas of life in the same way that Health Savings Accounts have improved markets for health insurance.”
Paul H. Rubin, Samuel Candler Dobbs Professor of Economics and Law, Emory University

“Whether the topic is the FDA, Medicare, the VA or telemedicine, John Goodman uses his characteristic clarity and vast storehouse of knowledge in the book New Way to Care to shed light on the arcane technicalities and perverse rules that stand between all American families and the healthcare that they need, deserve and can afford.”
Richard A. Epstein, Laurence A. Tisch Professor of Law, New York University; Peter and Kirsten Bedford Senior Fellow, Hoover Institution; and James Parker Hall Distinguished Service Professor Emeritus of Law, University of Chicago

“For the last quarter century, John Goodman has been one of the nation’s best and most original thinkers on the economics of health care. The book New Way to Care is more of his good and original thinking about how we can improve both the efficiency of the health care system and the quality of care that it provides. I commend this book to you because it contains a whole new way of organizing the American health care system—something that is desperately needed.”
W. Philip Gramm, former U.S. Senator; former Chairman, Senate Committee on Banking, Housing, and Urban Affairs; Senior Partner, US Policy Metrics; former Vice Chairman, UBS Investment Bank

“John C. Goodman’s book, New Way to Care, should be mandatory reading for every politician in Congress and state legislatures. It is an instruction manual to escape the morass of the current stifling bureaucratic government-controlled healthcare system designed by politicians focusing on votes. Goodman clearly explains how to build a patient-centric medical system where the patient has choice, control, and responsibility for their medical insurance and physicians. Highly recommended for everyone in the USA!”
Donald J. Palmisano, M.D., J.D., FACS, former President, American Medical Association; Adjunct Professor of Surgery and Clinical Professor of Medical Jurisprudence, Tulane University School of Medicine

“John Goodman has kept up a high standard of comment on social policy in America for several decades and New Way to Care is no exception.”
David G. Green, Director, Civitas, United Kingdom

“In New Way to Care, once again John Goodman’s clear and down-to-earth writing style has provided a clear and convincing argument for increasing individual freedom as a way to increase the population’s well-being. This book covers a wide range of government infringements on the freedom of individuals to improve their wellbeing. Its discussion of the current COVID-19 pandemic is especially on point.”
Thomas R. Saving, Director, Private Enterprise Research Center and University Distinguished Professor of Economics, Texas A&M University

New Way to Care is a provocative book. Even those of us who don’t fully share John Goodman’s fundamental world view should carefully consider many of his arguments for making social programs more efficient.”
Susan Dentzer, Senior Policy Fellow, Robert J. Margolis Center for Health Policy, Duke University; former Editor-in-Chief, Health Affairs

“In the innovative book New Way to Care, John Goodman takes the reader on a tour through the labyrinth of government-run social insurance programs—Social Security, Medicare, and other programs that are supposed to help those who are most in need. The book explains how even the most sophisticated individual can be caught up in contradictory program rules that can mean the devastating loss of benefits. Goodman argues that instead of uprooting the whole system, let Americans decide how much they want to rely on the government or on their own actions through the private sector to meet their families’ needs. That’s a reform we can live with.”
Joseph R. Antos, Wilson H. Taylor Scholar in Health Care and Retirement Policy, American Enterprise Institute

“In his book New Way to Care, John Goodman, rightly credited with conceiving of the health savings account, presents a series of practical suggestions to improve American social insurance programs such as Medicare and Social Security. His combination of analysis and proposals can help citizens understand the flaws in the current systems and help guide lawmakers who are serious about improving them.”
Howard A. Husock, Senior Fellow and Director, Tocqueville Project, Manhattan Institute; author, Who Killed Civil Society? The Rise of Big Government and Decline of Bourgeois Norms

“In New Way to Care, John Goodman holds a mirror up to our emerging reality under government-designed and regulated social-protection programs. What we clearly see is an unsustainable economic reality, coupled with benefit delivery that falls short for everyone. He also reminds us of the power of individuality and creativity, suggesting that everyone would do better if we put families first, and let them secure their own futures. Unlike the current communications style, Goodman offers a fact-based, calm and respectful approach to negotiating the path to a better future.”
Stephen B. Bonner, former President and CEO, Cancer Treatment Centers of America

“John C. Goodman’s New Way to Care: Social Protections That Put Families is an essential guide to the shortcomings of politicized social insurance in the U.S., including the government's failure to deal with the COVID-19 crisis. Goodman gives Americans a path forward that will empower individuals. Drawing on careful research, and backed by compelling analysis, Goodman discusses lessons to be learned from such diverse real-world alternatives as Medi-Share, an innovative private cooperative health-care haring plan, and Chile’s tremendously successful private retirement plans which have brought ordinary people higher returns than were ever possible under the governmental system. Goodman has written a first-rate book that both reveals the flaws of the status quo and points the way to a better future.”
David T. Beito, Professor of History, University of Alabama; author, From Mutual Aid to the Welfare State: Fraternal Societies and Social Services, 1890-1967; co-editor, The Voluntary City: Choice, Community and Civil Society

“In New Way to Care, John Goodman has once again written a very readable and timely book on how Americans can have access to inexpensive, flexible and quality healthcare, employment, retirement and other vital needs. In doing so, he shows there are strategies to rein in entitlement spending and respond to the debt crisis that rely on private, market-based strategies. Anyone interested in finding private-sector ways that are responsive to these vital issues while still creating a family-oriented future should read New Way to Care.”
Gail R. Wilensky, Senior Fellow, Center for Health Affairs, Project HOPE; former Deputy Assistant to President for Policy Development; first Chair, Medicare Payment Advisory Commission; former President, Defense Health Board; former Commissioner, World Health Organization’s Commission on the Social Determinants of Health


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