Health Care Paper

Health Care Paper

President Trump is repealing Obamacare, under which people had to pay a tax penalty if they don’t have health insurance.Though a health care mandate (which means that everyone must purchase health insurance) will be repealed, I would like you to begin your paper with providing sound economic arguments for a health care mandate, which President Obama and many Democrats advocated. In your paper, please use these keywords: asymmetric information, adverse selection, and market failure. The United States spends far more on health care than any other country. To see why, please watch “Why is healthcare so expensive? This Won’t Hurt a Bit”. Do you think that Obamacare was good for Americans? ONLY IF you think Obamacare was not the best system for America, please write about which of the following you would choose if you were designing a health care system from scratch. Justify your choice.

Voluntary purchases from private insurance. Choose this if you believe in the power of free markets, and people should be responsible for their own health care expenses. If you choose this, be sure to mention if you think the government should still provide Medicaid and Medicare to the poor and the elderly.
A single-payer system, which eliminate private insurance companies and put a Medicare-like system into place where the government pays all health-care bills with tax dollars. You may know that many countries such as Canada and the United Kingdom use this system.
Please use Microsoft Word. Your paper should be two page, double-spaced. You should have at least 3 online sources. Do not forget to cite your sources. Please submit by attaching your Word file.
The United States spends far more on health care than any other country: http://www.oecd.org/unitedstates/Briefing-Note-UNITED-STATES-2014.pdf
Why is healthcare so expensive? This Won’t Hurt a Bit: https://wetheeconomy.com/films/this-wont-hurt-a-bit/

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