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In: Economics

Some argue about the importance of subsidies, and that it may not be sustainable. Alternatively, the...

Some argue about the importance of subsidies, and that it may not be sustainable. Alternatively, the government can work in collaboration with private organizations to design a strategy (maintaining a suitable regulation) that can ensure better service delivery. Nonetheless, adequate provision of services that address the demands/needs of the public may lead to regulate, for instance, the market or private enterprises no to be usurious. Here, we can argue that governance includes effectiveness of the delivery of quality of public services. It entails the design and execution of policies imbued with a commitment to serve the public. This lends itself to the quality of governmental regulations in relation to the policies that should stabilize and encourage the growth of the private sector. How would you explain the current health insurance debate and the recent move to eliminate the individual mandate from the Affordable Care Act? How would the brand-new tax bill affect insurance? What are the difference(s)/drawback(s) observed?

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