Healthcare market failures, such as adverse selection, can be addressed through government policy and regulation. By limiting barriers and providing access to health care through policies such as the health insurance expansion under the Affordable Care Act, policy makers can address failures and ensure adequate insurance coverage for healthy, unhealthy, and at-risk populations.
For this Assignment, you examine the health insurance expansion policy and evaluate economic implications. Analyze the rationale for health insurance expansion under the Affordable Care Act. How does health insurance expansion relate to the problem of adverse selection?
Consider the economic implications of health insurance expansion in the United States.
What are the economic implications of health insurance expansions for healthcare organizations in your own state (MARYLAND)? Analyze the rationale for health insurance expansion.
Include how health insurance expansion relates to the problem of adverse selection.Evaluate economic implications of health insurance expansion in the United States. Include, specifically, how health insurance expansions might impact healthcare organizations in your own state or region Pink, G. H., & Song, P. H. (2020). Gapinski’s understanding healthcare financial management (8th ed.). Health Administration Press.Chapter 2, “Health Insurance” (pp. 35–68)De, P. K. (2021). Impacts of insurance expansion on health cost, health access, and health behaviors: Evidence from the Medicaid expansion in the USLinks to an external site..
