Economics Homework Help

Read the attached short articles regarding how health insurance is handled much differently than other types of insurance. These articles were written well before the Affordable Care Act became law, but they still stand the test of time. Most people agree that improvements in our health care system vary, but the proposed solutions vary widely. Here are some questions to consider and discuss:

Why do you think our society treats health insurance so much differently than other types of insurance?

• Could having a third party pay for most of the cost of health care be a reason why health care costs are rising much more than general inflation?
• How do you see health care changing over the next ten years?
• Do you think there will be a place for publicly-traded health insurance companies like UnitedHealth Group, WellPoint, and Molina Healthcare in the future? Why or why not?
• If you were in charge of reorganizing the U.S. healthcare system, what changes would you like to see? Keep in mind that many “improvements” will need to be paid by someone.