Chapter 1, Problem 2.4EC

the kind of outsourcing undertaken by American health care providers is a good thing or a bad thing for the American economy. Explain your reasoning.

One of the major difficulties facing the health insurance industry is that the people who are young and healthy see no need to buy insurance. The result of this tendency is that the people who want health insurance are the people that the insurance companies have the least desire to insure. The government's solution, under the Affordable Care Act (also known as Obamacare), was to simply mandate that all people must have health insurance. Unfortunately, this mandate did not yield the hoped for results of keeping one's doctor and cutting medical expenditures by $2,500 per family per year. (Infact, premiums have been rising.) Thus more reform is being talked about Please explain the economic impact of the following reform proposals: 1. Decouple insurance from employment (allowing people to shop for their own insurance like we do for car insurance). 2. Allow insurance companies to screen applicants. 3. Allow consumers to signal that they are low-risk through the purchase of high-deductible…

Indicate whether each statement is true or false, and justify your answer.The Dartmouth Atlas research project finds that health care spending varied widely between different American cities in the early 2000s, and that Medicare enrollees in high-spending cities were a lot healthier as a result.