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President Barack Obama signed the Affordable Care Act (ACA) in 2010 with no Republican support. The ACA has been politically divisive ever since, with the House repeatedly voting for repeal. Earlier this year, Congress successfully passed a repeal, with the Senate using a legislative process...
Persistent link: https://www.econbiz.de/10014123933
Iran has long had one of the highest rates of birth by Caesarean section (C-section) in the world. In 2014, the Iranian Ministry of Health and Medical Education (MHME) created substantial financial incentives discouraging the use of C-sections in public hospitals, by increasing physician...
Persistent link: https://www.econbiz.de/10014085240
Health care is beset with an array of market failures (e.g., informational asymmetries, externalities, monopolization, and public goods). In theory, government can intervene to fix these market failures, allowing scarce resources to be devoted to their highest use at the lowest possible cost...
Persistent link: https://www.econbiz.de/10013313747