Question

In: Economics

What are the ethics and compliance associated with the Affordable Healthcare Act, Medical Expansion And Prescription...

What are the ethics and compliance associated with the Affordable Healthcare Act, Medical Expansion And Prescription drugs price

Solutions

Expert Solution

Various laws govern an individual's health mandate, as outlined in the affordable care act in the US. The act outlines that an individual, either dependent or not, shall receive the minimum essential coverage.


Explanation:

Various laws govern an individual's health mandate, as outlined in the affordable care act in the US. The act outlines that an individual, either dependent or not, shall receive the minimum essential coverage. The minimum requirement ensures that the purchase of health insurance is not required and no one should be forced to purchase it but buy only when they want to and can afford. A significant proportion of American citizens do not thus have health insurances.

In the US, the ethics that hold medical expansion entail the ability of accessing high quality care with to achieve goals. The individual medical care have been extended to 133% of the poverty line as per the federal laws. The health governance hence requires universal health insurance through risk pooling to achieve the goals of the health agency.

Prescription of drugs in the US ha high costs and thus needed for laws that govern the pricing strategies used. The high-cost drugs are only attributable to monopolies that are government-oriented to manufacturers lacking the power of negotiating prices.


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