Question.1938 - Should the United States move to a governmental single-payer system? Assignment Instructions • Your papers should be double-spaced, and follow APA format. • Each paper should be around 3 pages (excluding references) • Develop a compelling, well-supported, and convincing economic argument for both sides. o Please ensure you mask your personal beliefs on the topic. • In your supporting and opposing arguments, please include economic terms, as appropriate, examples include: o Incentives, substitution effects, prices and price controls, third-party buyer approach, moral hazard, restriction of the choice set, the prisoners’ dilemma, debts and deficits, asymmetry of information, inputs/outputs, rationing, the Triple-Aim, insurance, risk, unintended consequences, rational decision making, and opportunity costs. Outline • Title Page o Name, Date, Course, Topic • Introduction o State the purpose of this paper. o Introduce the topic area and the current health economic issues that bring up this question o Include background information, and move from general to specific information ? Summary of key terms and key economic theories • Supporting: Supporting Evidence (around 1 page) • Topic sentence o Introduction of evidence o Explanation of evidence ? Interpret the evidence you are providing. Please use economic theories and key terms. o Conclusion ? End your page with a concluding sentence or two that reasserts how the topic sentence supports your economic argument. ? Ensure you answer the ‘so what’ question. Do not use vague or unclear language. • Opposing: Supporting Evidence (around 1 page) o Topic sentence o Introduction of evidence o Explanation of evidence ? Interpret the evidence you are providing. Please use economic theories and key terms. o Conclusion ? End your page with a concluding sentence or two that reasserts how the topic sentence supports your economic argument. ? Ensure you answer the ‘so what’ question. Do not use vague or unclear language. • References o APA format
Answer Below:
The xxxxxx over x Single-Payer xxxxxxxxxx System xx the xxxxxx StatesIntroductionThe xxxxxxxx of xxxxxxx the xxxxxx States xxxxxx move xx a xxxxxxxxxxxx healthcare xxxxxx is x topic xx intense xxxxxx driven xx various xxxxxxxx considerations xxx health xxxxxx priorities xxxxxxxxx argue xxxx such x system xxxxx provide xxxxxxxxx coverage xxxxxxx costs xxx improve xxxxxxx healthcare xxxxxxxx Glied xx the xxxxx hand xxxxxxxxx argue xxxx it xxx lead xx inefficiencies xxxxxx wait xxxxx and xxxxxxxxx restrictions xx choice xxxx paper xxxx to xxxxxxx a xxxxxxxx analysis xx the xxxxxxxx arguments xxxx in xxxxx of xxx against x single-payer xxxxxx using xxx economic xxxxx and xxxxxxxx to xxxxxxx each xxxxxxxxxxx Supporting xxxxxxxx The xxxx for x Single-Payer xxxxxxxxxx SystemProponents xx a xxxxxxxxxxxx system xxxxx that xx can xxxxxxx several xxxxxxxx inefficiencies xxxxxxxx in xxx current xxxxxxxxxxx system xxx key xxxxxxxxx is xxx potential xxx cost xxxxxxx through x reduction xx administrative xxxxxxxx In x single-payer xxxxxx the xxxxxxxxxx serves xx the xxxx insurer xxxxxxxxxxxx the xxxxxx process xxx eliminating xxx need xxx multiple xxxxxxx insurance xxxxxxxxx Greer xx al xxxx reduces xxx administrative xxxxxxxx associated xxxx billing xxxxxxxxx and xxxxxxxxxxx contracts xxx resulting xxxx savings xxx then xx redirected xxxxxx patient xxxx ultimately xxxxxxxxx the xxxxxxx efficiency xx the xxxxxxxxxx system xxx of xxx key xxxxxxxx benefits xx a xxxxxxxxxxxx system xx the xxxxxxxxxxx of xxxxxxxxx coverage xx such x system xxxxx citizen xxxxx have xxxxxx to xxxxxxxxxx services xxxxxxx the xxxxxxx of xxxx insurance xxxxxxxx This xxxxxxxxx coverage xxxxx lead xx healthier xxx more xxxxxxxxxx citizens xxxxxxxx the xxxxxx of xxxxxxx on xxx economy xxxxxxxxxxx a xxxxxxxxxxxx system xxx effectively xxxxxxx the xxxxx of xxxxx hazard xx the xxxxxxx system xxxxx multiple xxxxxxx insurers xxxxxxx for xxxxxxxxx there xx an xxxxxxxxx for xxxxxxxx to xxxxxx healthier xxxxxxxxxxx and xxxxx coverage xxxx high xxxxxxxxxxx and xxxxxxxxxxx to xxxxxxxxxx excessive xxxxxxxxxxx of xxxxxxxxxx services xxxx can xxxx to xxxxxxxxxxxxxxxx of xxxxxxxxx care xx individuals xxx delay xx forgo xxxxxxxxxx due xx high xxxxxxxxxxxxx costs xx contrast x single-payer xxxxxx can xxxxxxxxx uniform xxxxxxxx standards xxxxxxxx the xxxxxxxxxx of xxxxxxxxxxx foregoing xxxxxxxxx care xxx to xxxxxxxxx concerns xxxxx et xx Additionally x single-payer xxxxxx can xxxxxxxxx for xxxxx prices xxx price xxxxxxxx with xxxxxxxxxx providers xxx pharmaceutical xxxxxxxxx By xxxxxxxxxx the xxxxxxxxxx power xx a xxxxxxx payer xxx government xxx negotiate xxxxxxxxx rates xxx medical xxxxxxxx and xxxxx This xxxxxxxx helps xxxxxxx healthcare xxxxx making xxxxxxxxxx more xxxxxxxxxx for xxxx the xxxxxxxxxx and xxxxxxxx Lower xxxxxx also xxxxxx the xxxxxxxxx burden xx patients xxxxxxxxx access xx care xxx reducing xxxxxxxxxxxxxxxxxx bankruptcies xxxxx Opposing xxxxxxxx The xxxx Against x Single-Payer xxxxxxxxxx SystemWhile x single-payer xxxxxx offers xxxxxxxxx cost xxxxxxx and xxxxxxx control xxxx healthcare xxxxxxxx it xxxx presents xxxxxxx economic xxxxxxxxxx One xxxxxxx concern xx the xxxxxxxxx for xxxxxxxxx of xxxx In x single-payer xxxxxx the xxxxxxxxxx may xxxx to xxxxxx restrictions xx the xxxxxx set xx available xxxxxxxxxx and xxxxxxxxxx to xxxxxxx costs xxxx rationing xxx lead xx longer xxxx times xxx certain xxxxxxx services xxxxxxxxxxx compromising xxxxxxx outcomes xxx satisfaction xxxxx Moreover xxx transition xx a xxxxxxxxxxxx system xxxxxxxx a xxxxxxxxxxx upfront xxxx often xxxxxx through xxxxxxxxx taxes xx government xxxxxxxxx This xxx result xx higher xxxxx and xxxxxxxx which xx not xxxxxxx prudently xxxxx have xxxxxxxxx economic xxxxxxxxxxxx The xxxxxxxxx of xxxx a xxxxxx must xx carefully xxxxxxx to xxxxx putting xxxxxxxxx strain xx the xxxxxxxx budget xxxxxxx also xxxxx that x single-payer xxxxxx may xxxxxx an xxxxxxxxx of xxxxxxxxxxx When xxx government xx the xxxx payer xx may xxx have xxxxxx to xxx same xxxxx of xxxxxxxxxxx and xxxxxxxxx as xxxxxxx insurers xxxxxxxxxxx leading xx suboptimal xxxxxxxxxx decisions xx contrast xxxxxxx insurers xxx use xxxxxx competition xx incentivize xxxxxxxxx to xxxxxxx the xxxxxxx of xxxx and xxxxxxx costs xxxxxxxxxxx a xxxxxxxxxxxx system xxx limit xxxxxxxxxxxx choices xx centralizing xxxxxxxxxxxxxxx Patients xxx have xxxx flexibility xx choose xxxxx healthcare xxxxxxxxx or xxxxxxxxx options xxxxxxxxxxx reducing xxxxxxx satisfaction xxx autonomy xx contrast x multi-payer xxxxxx offers xxxx diverse xxxxxxx but xxx come xx the xxxx of xxxxxx administrative xxxxxxxx ConclusionThe xxxxxx over xxxxxxx the xxxxxx States xxxxxx transition xx a xxxxxxxxxxxx healthcare xxxxxx revolves xxxxxx complex xxxxxxxx considerations xxxxxxxxx argue xxxx it xxx lead xx cost xxxxxxx reduced xxxxx hazard xxx more xxxxxxxxx access xx care xxxxx Critics xx the xxxxx hand xxxxxxx concerns xxxxx potential xxxxxxxxx fiscal xxxxxxxxxxxx information xxxxxxxxx and xxxxxxx patient xxxxxx Ultimately xxx decision xx move xx a xxxxxxxxxxxx system xx maintain x multi-payer xxxxxx requires x careful xxxxxxxxxx of xxxxx economic xxxxxxxxx in xxx context xx broader xxxxxx policy xxxxx Policymakers xxxx weigh xxx potential xxxxxxxx of xxxx containment xxx improved xxxxxx against xxx challenges xx financing xxxxxxxxx and xxxxxxx choice xxxxxxxxxx of xxx chosen xxxx it xx essential xx prioritize xxx Triple xxx of xxxxxxxxxx improving xxxxxxxxxx health xxxxxxxxx patient xxxxxxxxxx and xxxxxxxx per xxxxxx costs xxxxx considering xxx unintended xxxxxxxxxxxx and xxxxxxxxxxx costs xxxxxxxxxx with xxxx approach xx is xxxxxxx to xxxxxxxxxx the xxxxxxxxxx of xxxxxxxx while xxxxxxxx the xxxxxxxxxxxxxx of xxx healthcare xxxxxx within xxx broader xxxxxxx of xxx national xxxxxxx ReferencesFuchs x R xx single xxxxx the xxxxxx for xxx US xxxxxx care xxxxxx nbsp xxxx nbsp x Glied x Single xxxxx as x financing xxxxxxxxx nbsp xxxxxxx of xxxxxx Politics xxxxxx and xxx nbsp x Greer x L xxxxxx H xxx Donnelly x D xxxxxxx for xxx United xxxxxx from xxxxxxxxxxxx systems xxxx American xxxxxxx of xxxxxx health xxxx - xxxx nbspMore Articles From Economics
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