Week 6 Uncertainly and the welfare of economics of medical care

timer Asked: Oct 4th, 2017
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Question description

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?

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School: New York University



Emerging Issues in Medical Care Insurance
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Emerging Issues in Medical Care Insurance
Over the last few years, medical care insurance providers have been described as
opportunists following a shift from government provided services to corporate sponsored. While
enactment of the Affordable Care Act has increased insurance uptake, this has come to a
considerable cost to the taxpayer with insurances scheming different means to increase their
profitability. It points to a particular efficiency in maximizing on health care opportunities. In the
health insurance industry, it is a double-edged sword. Despite, leading to the optimized use by
the public, it also encompasses deadly exploitation by health insurance p...

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