The individual mandate for health insurance

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Explain the economics behind the individual mandate for health insurance (i.e., adverse selection). Would you expect the poor to prefer individual mandates or employer mandates? Why?

Assume that a brilliant health economist has just developed a plan that will greatly improve the efficiency of the U.S. health care system. Explain why it is highly unlikely that the plan, or anything close to it, would be adopted in the United States.

Reference no: EM131171832

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