Paper 2: The Affordable Care Act (Obamacare) and Health Insurance: Questions to be answered:

►(a) Briefly discuss five key provisions of the Affordable Care Act;

►(b) What are adverse selection and moral hazard and how does the Affordable Care Act address each (or not)?;

►(c) What evidence and arguments suggest that the Affordable Care Act will decrease health care costs and/or increase health care quality?

►(d) What evidence and arguments suggest that the Affordable Care Act will not decrease health care costs and/or will not increase health care quality?

►(e) Argue that government-based health insurance should be expanded in the U.S., perhaps even to the point of a single-payer system.

►(f) Argue that individual-based health insurance should be expanded in the U.S., perhaps even to the point of everyone having their own health savings account.

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