In 1965, the federal government established __________to provide minimal health care for senior citizens. It also established_________to provide health care for people in lower-income catergories   Medicare, FEMA, the ACA, Medicaid

Q: What provision of federal law makes employer-based health insurance even more attractive to most…

A: Tax Exclusion for Employer-Sponsored Health Insurance:The tax exclusion for employer-sponsered…

Q: Suppose the government imposes a system of price ceilings in the health care industry as part of an…

A: The price ceiling is a legal maximum on the price at which goods can be sold.  Price ceiling can be…

Q: Take a look at how the different healthcare systems around the world works. How would you advise…

A: There are some activities of healthcare that differently works around the world are the following:…

Q: Considering the role governments play, carefully explain the market for health care. Any graphs if…

A: Introduction: The health care market is a complex and highly regulated system governed by the…

Q: How many people are there in the world today? What fraction of them live in high-income developed…

A: High income economies: It refers to the countries that has a scope of high income and production of…

Q: What are the respective roles of the federal government and the state government’s and providing…

A: Government plays a major role in providing health care services to all. No level of…

Q: which option is correct about Medicare and Medicaid?     Medicaid is a federally-sponsored program…

A: Medicare is the the federal government program that covers only the people above 65 and disabled…

Q: What percentage of gross domestic product (GDP) is spent on health care in the United States?

A: Gross domestic product refers to the total amount of goods and services produced in an economy…

Q: explain why health economics is an important tool when it comes to managing health care resources,…

A: Health economics Health economics is an economics subject that focuses on the subject of health…

Q: How does the pricing of "free" health care in Canada affect the quantity consumed?

A: The maintenance, improvement, and preservation of a person’s physical, mental, and emotional…

Q: Identify how different people and demographics have been affected by telehealth? Has the impact been…

A: The provision of health-related services and information using electronic information and…

Q: How is the social status and income of a consumer predisposes an individual to better health?…

A: Socioeconomic Status:- A person's or an institution's economic status is their societal rank or…

Q: Walmart should not pay for the health care of its workers: Why should it?

A: Employee compensation is defined as the entire monetary or in-kind compensation provided by a firm…

Q: There are many ways to define and measure the benefits and costs that go into the GPI. How do you…

A: A biocentrist considers the whole influence of actions on living creatures, both human and nonhuman.…

Q: What is the relation between Health and Inequality?

A: ‘Economic inequality’ implies unequal distribution of income & opportunity between various…

Q: What are the differences and similarities between health economics and other forms of economic study

A: Similarities between Economics and Health economics Economics is the study of the all activities how…

Q: Use the following graph to answer the next three questions. Health of Population A Point A Point D…

A: Marginal revenue will be depicted graphically as a downward sloping line indicating that a firm…

Q: Recall that the goal of the Affordable Care Act (also known as Obamacare) legislation was to get…

A: Note: The given question has been answered from the perspective of 'Health Economics'.The ACA…

Q: For a single illness (such as a sore throat and cough), show the demand curves for three different…

A: The demand curve is a graphical representation of the relationship between the price of a product or…

Q: Which option is not true on the price of health care?     In general it does not affect ones…

A: Health economics is a branch of economics, which studies the issues related to the production and…