Questions:
1. Why is the US spending more than twice as much per capita than England or Germany? Be sure to discuss both demand and supply aspects.
2. What are the benefits of the US HC system?
3. Why do we have to buy health insurance? Why does the free market fail in balancing supply and demand?
4. After comparing US, UK and German HC systems, do you think HC system is considered as a cost or profit center? Answer with respect to the 3 HC systems compared above. Does healthcare spending contribute to or detract from national economic growth?
5. What form of HC system would have positive effect on: (1) Entrepreneurs seeking to launch new businesses, (2) Workers dealing with rapid economic shifts often resulting in elimination of jobs from the US., (3) MNEs deciding to locate manufacturing, research and other major functions, and (4) US comparative advantage in a global economy.
6. Evaluate the 2010 HC reform, aka, Obamacare, in terms of the 4 issues raised in Question5.
Attachment:- Assignment.rar