Question

Write at least a 350 word posting in which you discuss the public interest theory and the special interest group theory as they relate to the Patient Protection and Affordable Care Act of 2010. Be sure to include in your discussion how each describes why the government intervenes in a market-based health care system and the role politicians play in each. After reading the postings of other students, select the one that provided you with information or a view you did not consider.

Answer 1

Public interest theory as under welfare economics seeks protection and benefits of public at large vy self allocation of resources.

Special interests group theory focusses on welfare ofcertain groups specifically

Affordable care Act and Patients Act does implement both theories as it is implemented for welfare of public however more specifically towards urban poor and middle incone groups with salary bands. Thus this Act clearly includes both above theories.

However sijcr implementation of this Act has taken place therr have been bottlenecks and glitches to make public receive such benefits. The Health care Act has in some region unable to provide free healthcare and reduce overall premiums due to lack of governance. Hence in these cases government and political intervention is must to eliminate leakages in efficient distribution of benefits. Any excessive of uneven distribution can increase losses and hence regulatory framework have to be established to keep check in efficient distribution of Benefits .