Week 3 Discussion- POLITICS AND THE PATIENT PROTECTION AND AFFORDABLE CARE ACT

One of the major difficulties facing the health insurance industry is that the people who are young and healthy see no need to buy insurance. The result of this tendency is that the people who want health insurance are the people that the insurance companies have the least desire to insure. The government's solution, under the Affordable Care Act (also known as Obamacare), was to simply mandate that all people must have health insurance. Unfortunately, this mandate did not yield the hoped for results of keeping one's doctor and cutting medical expenditures by $2,500 per family per year. (Infact, premiums have been rising.) Thus more reform is being talked about Please explain the economic impact of the following reform proposals: 1. Decouple insurance from employment (allowing people to shop for their own insurance like we do for car insurance). 2. Allow insurance companies to screen applicants. 3. Allow consumers to signal that they are low-risk through the purchase of high-deductible…

There is no doubt that many children have been harmed by social media. However, some would argue that bills like the Stop CSAM would have a chilling effect on free speech and result in many frivolous lawsuits. Are you in favor of this law? Why or why not? Consider the StopCSAM law from one or more workable ethical theories, such as social contract theory, utilitarianism, or Kantianism. Which theory or theories would support passage of this bill into law? Explain your thoughts.

A pharmaceutical company is considering investing in the development of a new drug. The company stands to make a lot of profit if the drug is successful. However, there is some risk that the drug will not be approved by government regulators. If this happens, the company will lose its entire investment. Advise the company how to take this risk into account as managers evaluate whether to invest

What would happen to the U.S. standard of living if people lost faith in the safety of thefinancial institutions? Explain.

Uninsured motorists face the burden of paying for accidents themselves if involved in an accident. They also impose costs on others if they are unable to bear the cost of the damages to third parties. In this case, a.the government could not improve upon this outcome. b.the government could improve the market outcome by requiring everyone carry auto insurance. c.the government could improve this outcome by requiring insurance d.companies to lower premiums for all drivers.

For investment advisors, a major consideration in planning for a client in retirement is the determination of a withdrawal amount that will provide the client with the funds necessary to maintain his or her desired standard of living throughout the client's remaining lifetime. If a client withdraws too much or if investment returns fall below expectations, there is a danger of either running out of funds or reducing the desired standard of living. A sustainable retirement withdrawal is the inflation-adjusted monetary amount a client can withdraw periodically from his or her retirement funds for an assumed planning horizon. This amount cannot be determined with complete certainty because of the random nature of investment returns. Usually, the sustainable retirement withdrawal is determined by limiting the probability of running out of funds to 2 some specified level, such as 5%. The sustainable retirement withdrawal amount is typically expressed as a percentage of the initial value of…

You may have heard that Social Security is in danger of failing. Why? Is the sky falling? What might be done to correct the situation? Use some of the things that you have learned in this chapter to come up with some Ideas to fix Social Security.

8. Critically evaluate the case for government regulation of monopolies. What policy solutions might be used to improve economic efficiency and consumer wellbeing? its  a long Question

Based on what you have learned about the SAFE Act and the role of the NMLS, how has the SAFE Act and NMLS organization helped in the recovery and revitalization of America’s housing market?  Consider: What requirements set forth by the SAFE Act had a direct and positive impact on the housing market? Do you think the formation of the NMLS was necessary? Why or why not? What are some of the positive ways that the NMLS/SAFE Act has impacted the industry? Have there been any negative impacts?

A. You live in a country that will experience an election cycle in the next 6 months. As part of the President's campaign, he has targeted the financial industry. He says that bid and ask spreads should be made illegal as they provide no benefit to society. Discuss whether you agree or disagree

“Financing Health Care in a Time of Insurance Restructuring” Please respond to the following:Analyze the impact of financing the present U.S. health care system and the consequential ramifications for citizens. Rationalize the use of dwindling funds to support the burgeoning U.S. health difficulties in a time of other competitive national interests.Evaluate the levels of affordability and accessibility of different health services protocols that apply to working Americans and senior citizens under the U.S. health insurance umbrella. Rationalize the use of taxpayers funding for uninsured and economically challenged individuals.

More and more companies are making serious efforts to measure their corporate social responsibility outcomes because A.such efforts are easy and cheap to implement and provide good public relations. b.the government has legislated that pollutants be eliminated by 2020. their shareholders and customers require it. c.they realize that their long term profitability and sustainability is closely linked to environmental and community well being just like the rest of us. A b or c?     Save for Later

If you oppose ______, you will likely argue that ______. A.   Industrial policy; governments, not the free market, should determine which sectors succeed and fail B.   Anti-cabotage laws; the government doesn't need to support basic research C.   Industrial policy; the free market, not governments, should determine which sectors succeed and fail D.   Anti-cabotage laws; the private sector doesn't always support basic research