What do you think about the role of government in health care?
1. President Trump is replacing Obamacare, under which people had to pay a tax penalty if they donâ€t have health insurance. Though Obamacare, or a health care mandate (which means that everyone must purchase health insurance), will be repealed, I would like you to begin your paper with providing sound economic arguments for a health care mandate. Make sure to use these keywords: asymmetric information, adverse selection, and market failure. The United States spends far more on health care than any other country.(http://www.oecd.org/unitedstates/Briefing-Note-UNITED-STATES-2014.pdf) To see why, please watch “Why is healthcare so expensive? This Wonâ€t Hurt a Bitâ€. (https://wetheeconomy.com/films/this-wont-hurt-a-bit/) Do you think that Obamacare changes this?
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Get Help Now!2. Write one paragraph that summarizes your opinion about the governmentâ€s role in health care based on your paper.
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 MSWord file.
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