Question

In: Economics

Provide four examples of U.S. Government involvement in healthcare, be specific about the role, type and...

Provide four examples of U.S. Government involvement in healthcare, be specific about the

role, type and impact of this involvement.

Solutions

Expert Solution

The top 4 Us Government Healthcare programs include :

  1. Affordable care Act 2009- This created decrease of 90% in high cost healthcare plans and garnered 20 milliion people to use affordable medical aid and insurance . The Act was targeted to offer lowest cost insurance to below poverty line household. The total investment crossed 375 billion dollars.
  2. Clinton Healthcare plan 1993- this plan was aimed at universal health care for all Americans. Investments worth 38 billion dollars were made. However implementing program was failure because of its complexity and size.
  3. Healthcare freedom act 2017- this act was modified version of Obamacare and cinstituted more individual and easy eligibility norms such that even lower and upper middle class income household are eligible . Total cost was 595 billion dollars.
  4. Public health service Act 1944- this act was aimed at consolidation and renewal of previous acts in public health care services. Almost top 8 previous acts were aggregated and clubbed under this act. The estimated cost and exact imapcts are not available however it definitely changed paradigm of healthcare sector

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