What economic argument can you make for expanding medicaid

Assignment Help Business Economics
Reference no: EM131004878

As you know, the Affordable Care Act expands coverage for low-income US citizens by giving them access to Medicaid. As you also know, not every state has taken advantage of this Medicaid expansion. What economic argument can you make for expanding Medicaid? What argument would you make for not expanding? Does the answer change if you're answering from a state level vs. federal level?

Reference no: EM131004878

Questions Cloud

What uniform amount can you withdraw from the account : You have opened a retirement account that will pay 4% interest per year. You plan to deposit 8% of your annual salary into the account for 40 years before you retire. Your first year's salary is $48,000, and you expect your salary to grow 3.5% each y..
Decided to purchase a home after graduation : You have decided to purchase a home after graduation, and you are saving for the closing costs ($3500) and down payment. To avoid paying mortgage insurance and to get a better interest rate, you need a down payment of 20%. You can afford a monthly pa..
The surplus created by a price floor : The surplus created by a price floor will likely be? smaller if the good is a necessity. larger if the good is addictive. smaller if the good is a luxury. unaffected by the time that has elapsed since the price ceiling is implemented. None of these a..
Present worth of the companys total income : A certain company's income has been declining steadily over the last three years. If income in year 1 was $100,000 and it declined by $10,000 per year; which of the following is closest to the present worth of the company's total income over the thre..
What economic argument can you make for expanding medicaid : As you know, the Affordable Care Act expands coverage for low-income US citizens by giving them access to Medicaid. As you also know, not every state has taken advantage of this Medicaid expansion. What economic argument can you make for expanding Me..
About the production lines : A company will need $100,000 in five year's time to replace one of its production lines. Assuming the company can earn 7% per year compound interest on its savings, how much should the company be saving at the end of each year for the next five years..
Best describes tariffs : Which option best describes tariffs in Chile.
Informed critic of the affordable care act : You now know everything you need to know to be an informed critic of the Affordable Care Act. Based on all that you have learned, how does the Act measure up to our three goals of 1) increasing quality of care, 2) increasing access to care and 3) kee..
Use the watchdog in its default position : Use the watchdog in its default position (must be petted in less than 32 ms). Generate a 275 Hz, 50% duty cycle on P9.7. Use a timer with the SMCLK.

Reviews

Write a Review

Business Economics Questions & Answers

  Enhance the career of a practitioner in the nutrition field

How can being a member of a nutrition organization/association that promotes the organic food movement, on a professional level enhance the career of a practitioner in the nutrition field?

  Legislative and executive branches of government

Do you think Fed independence (from the legislative and executive branches of government) helps or hinders the achievement of low and stable price inflation? Why?

  Find the interest rate that gives net present value of zero

A project has cash flows of -$12,000 in Year 1, +$5000 in Years 2 and 3, -$2000 in Year 4, and +$6000 in Years 5 and 6. Find the interest rate of 12%. Find the interest rate that gives a net present value of zero.

  Government of nation established price support for wheat

The government of a nation established a price support for wheat. The government’s support price has been above the equilibrium price each year since, and the government has purchased all wheat over and above the amounts that consumers have bought at..

  Gross domestic product measures the value of marketed goods

Gross Domestic Product (GDP) only measures the value of marketed goods and services for a country during a given period of time. Is the GDP measure underestimating or overestimating national production and total income in the economy? Why? What are t..

  Combination of wine and chocolates

Betty can make either “12 bottles of wine and 0 boxes of chocolates” or “0 bottles of wine and 96 boxes of chocolates” or a combination of wine and chocolates. Find Betty's opportunity cost of a bottle of wine in terms of box(es) of chocolates.

  Different age groups in community actually quite different

Health issues associated with different age groups in a community are actually quite different. Primary causes of morbidity and mortality, for example, vary significantly with the patient’s age. Select one of the age groups(adolescents, young adults,..

  Purchasing power parity grasp for laptops

What would be the new equilibrium exchange rate that would make purchasing power parity grasp for laptops.

  Consider the ricardian model-describe the patterns of trade

Consider the Ricardian model. Home has 1200 unites of labor available. It can produce two goods, apples (A) and bananas (B). The unit labor requirement in apple production is 3, while in banana production it is 2. Construct the world relative supply ..

  Preferred provider organization

Your firm offers only a preferred provider organization (PPO) with a large deductible, high coinsurance, and a limited network. You pay $400 per month for single coverage. Some of your employees have been urging you to offer a more generous plan. Who..

  Examine any foreign currency of your choice

Examine any foreign currency of your choice (preferably one from an emerging market), and provide an analysis of that currency against the U.S. dollar over the 5-year period

  Variety and range of issues addressed by the world bank

Are you surprised by the variety and range of issues addressed by the World Bank - projects that meet basic needs such as fresh water and programs to provide Internet services? What are your thoughts on this variety?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd