Over the years, the health insurance market has become more competitive and as a result consumers “…have been offered a greater choice in benefits, cost-sharing arrangements, premiums to match their own experience, and types of insurance products” (Feldstein, 2012, p. 242).
For this assignment, prepare an economic analysis brief that describes the role and impact of the health insurance market in the U.S. healthcare industry. Discuss and synthesize key elements that address one of the following points:
Determine the performance of the health insurance industry.