Explain why a government mandate is necessary for purchasing health insurance.
Explain how a mandate that health insurance covers post-operative home health visits would affect the demand for post-operative inpatient hospital care?
Why are deposit insurance and other types of government safety nets important to the health of the economy? O A. Government safety nets were designed to weaken the shadow banking system. OB. Deposit insurance and other types of government safety nets eliminate the adverse selection problem. O C. Deposit insurance and other government safety nets help to eliminate a contagion effect. OD. Deposit insurance prevents depositors from withdrawing their funds and thus eliminates runs on banks.
true/false/uncertain and explain: Holding everything else constant, the likelihood of a consumer purchasing health insurance increases when the probability of a loss increases.
3. i) To assist in ensuring adequate and affordable health care for all, the federal government has mandated that health insurers provide health insurance to all, regardless of their physical condition. Insurers may not reject coverage for pre- existing health problems. Explain why this mandate, standing alone, creates tremendous potential for adverse selection problems. ( 5 mark ) ii) Many health and casualty insurance policies require policyholders to pay a certain amount (called a deductible) for claims before the insurer...
Explain why the probability that a firm offers health insurance to its workers increases with firm size. Why do health economists describe employer provider health insurance as “subsidized?” How does this subsidy affect the quantity and quality of health insurance?
explain why health insurance coverage might affect risky health behaviors such as smoking and drinking.
The insurance mandate included with the Affordable Care Act was intended to provide access to affordable health care. Based on your reading and experience, what are your thoughts about the ethics and politics of mandating that everyone has health insurance coverage? Provide rationale to support your response.
1. Consider 2 policies: A) The government requires everyone to buy a standard health insurance package that costs $5000; B) The government taxes everybody $5000 but cuts taxes by $5000 for everybody who buys the standard health insurance package. Do these policies have different effects on the size of government? Explain why. 2. Show graphically and explain why Pareto optimality occurs at a commodity distribution bundle between 2 agents where the marginal rates of substitution between the goods for both...
Many state governments require that firms provide health insurance for employees. This type of mandated insurance will affect labor markets. Carefully draw demand and supply for labor, and illustrate the effect of the insurance mandate. Will wages drop by more than the employer's cost of insurance. Explain with careful reference to the diagram.
Do you think that the federal mandate of having all health care provider and organizations to incorporate an Electronic Health Record by 2014 is a realistic mandate? As a health care manager, what are some of the concerns you might have in doing so? Explain your answer.