Look at the economists' way of thinking and the influence of economics on public policy. As an economist, what public policies should be implemented to improve the U.S. health care system? Is the affordable care act (ACA) the answer to our health care problems?

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Ronaldo MendozaLv10

28 Sep 2019

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Opportunism in health care is especially perceptible in the health insurance markets. Consider the area in which you live, specifically your state and local communities. Evaluate the social-cultural issues that are influencing adverse selection in insurance markets. Propose some strategies for reducing adverse selection in health insurance within these markets. Develop a microeconomic model that is responsive to your local service demands. Communicate how these issues are relevant to the economics of the greater U.S. health care system. What are the future implications with the Affordable Care Act?

Bookmark The Affordable Care Act, the 2010 health care reform law, made it a priority to reduce the number of uninsured. At what point, if any, should the government step in to provide individuals with assistance to purchase insurance coverage? Do you think such assistance should be a federal or state responsibility? Show Critical Thinking and Examples to Support your answers.

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3. Metro Airlines runs 10 flights per day at a total cost of $50,000, which includes $30,000 in fixed costs for airport fees, airplanes, and the reservation system and $20,000 invariable costs for flight crews, fuel, baggage handlers, and food service. If an 11th flight would have 25 passengers, each paying $100, would it make economic sense to offer the flight? If a 12th flight only drew 15 passengers, would it make sense to offer it? Discuss and show your math.

4. Critical Thinking: Although still not yet fully implemented Congress passed a bill creating national health care system, called the Affordable Care Act, also called Obama-care. In what ways do the principles of economics relate to this decision? Describe how each relates and what issues we must consider.

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Look at the economists' way of thinking and the influence of economics on public policy. As an economist, what public policies should be implemented to improve the U.S. health care system? Is the affordable care act (ACA) the answer to our health care problems?

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Principles of Economics

Principles of Macroeconomics

Principles of Microeconomics

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