Government Intervention Programs.pptx

Government Intervention Programs.pptx - Government...

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Government Intervention Programs Obamacare
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Introduction market theory calls for market forces Government intervention is required in instances of market failure Our case we will discuss Medicaid, Children's Health Insurance Program, The Affordable Care Act (Obamacare).
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History The act has developed from the initial Medicare and Medicaid Act of 1965 The act advocate for transformation of practices by hospitals and primary physicians Involvement with clinical drive to better health outcomes High accessibility and lower costs
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History Cont The act was concerned with: Alarming low rates of insurance rates high costs of healthcare unaffordability of health services
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Arguments for and against intervention Government intervention is required for the Obamacare program because It ensures greater equality Macroeconomic intervention Market failure The reasons some people go against government intervention include:
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  • Spring '19
  • Affordable Care

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