Question

Prepare an economic analysis brief that describes the role and impact of the health insurance market in the U.S. healthcare. Discuss and synthesize key elements from at least two recent scholarly articles (found in the CSU Global Library) that address one of the following points:

• Determine the performance of the health insurance industry.
• Apply economic models, theories, or assumptions.
• Offer objective methods for attempting to predict future market behavior in response to events, trends, and cycles.
• Assess economic policy recommendations for healthcare stakeholders.

Answer 1

Answer:-

In general words, insurance are a few things that facilitate pays for the expenses occured among the medical casualties. insurance protects the interests of the insuree and once any health problems occures then the consumer can get facilitate from the insurance programe.

According to surveys, alone fifty fifth of the population of USA buys a insurance through employers and 100% buys it directly. Public insurance enrollment is solely thirty initial. Employer-sponsored insurance plans dramatically enlarged as an on the spot results of wage controls obligatory by the central throughout war II. Federally obligatory wage and price controls prohibited manufacturers and different employers from raising wages enough to attract employees. once the War Labor Board declared that fringe blessings, like leave and insurance, did not count as wages for the aim of wage controls, employers responded with significantly exaggerated offers of fringe blessings, notably health care coverage, to attract employees. Public programs provide the primary offer of coverage for several seniors and together low-income children and families World Health Organization meet certain eligibility wants. the primary public programs unit health care. among the u. s., health care could also be a federal welfare program that provides insurance to parents over the age of sixty 5, individuals World Health Organization become all and permanently disabled.