1. The Economic Effects of Obamacare
Since its initial proposal, through its passage, and over the past few years as Obamacare has been implemented, there have been numerous debates about its economic effects. ... In the 1960's, healthcare comprised about 5% of the nation's GDP but has grown to over 17% currently and is projected to reach over 20% within the next ten years.1 Key issues within the healthcare debate are supply and demand, cost shifting, 2 new taxes and penalties, and the impact of government mandates like Essential Health Benefits, preexisting conditions and maximums. ... The process to determine if a pl...
- Word Count: 1844
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate