The Us Healthcare System A Comprehensive Health Care...

One of the top major issues in this 2016 presidential election between the Democratic Nominee Hillary Clinton against, the Republican nominee Donald Trump is, how make The USA Healthcare system more effective and efficient while reducing cost. Both Presidential candidates have suggested distinctly different proposals to reform current US healthcare system known as The Patient Protection and Affordable Care Act which is, a comprehensive health care reform law enacted in March 2010 by President Obama. Mrs. Clinton agenda is to work within the existing ACA framework, furthermore she proposed additional policies intended to expand coverage, and reduce consumer out-of-pocket costs for individuals. Contrary to Hillary’s proposal, Mr. Trump’s agenda is to completely repeal Obamacare Act, and replace it with Market-Driven Health Care System also known free Market approach, as well as inclusion of patient-centered health care system principles. Numerous economist that analyzed T rump’s proposals come to conclusion, that healthcare market is fundamentally different from other industries, and cannot function efficiently and effetely in a traditional marketplace, because the differences factors which effects the demand and the supply side in economics of healthcare industry. This market have Unique Feature, such as, uncertainty and information asymmetries, furthermore adverse selection and moral hazard issue will get worse, also the spending for individuals as well as government inShow MoreRelatedAffordable Care Act Of Us Mandatory Health Coverage1441 Words   |  6 Pages Affordable Care Act in USA: Mandatory Health Coverage The healthcare system in America is a market based system that functions by relying on the structures of an efficient market. The principles of demand and supply are instrumental in determining the functionality of the healthcare system in USA. 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Medicare, Title XVIII of the Social Security Act, was signed into law in July 30th, 1965Read More Canada Healthcare System vs. The United States Healthcare Systems1499 Words   |  6 Pagesbeliefs. It is an interesting debt as to which provides a superior healthcare system. In order to better understand the strengths and weakness of the two systems, this paper will review four important structural and functional elements of each system. 1. Who receives healthcare coverage? 2. How is healthcare delivered? 3. How is healthcare paid for? 4. How is the payment system organized? An analysis of the US and Canada’s systems reveals advantages and drawbacks within each structure. While it