Why should the government be involved in providing insurance to older adults? Does Medicare have detrimental effects on the market for healthcare or on the market for health insurance?

A quality case analysis will include a cover page and proper citations and references. Paper Format: Word document in APA or MLA format, double spaced.

The following key questions must be addressed.

Is Medicare in a state of crisis?

Are radical measures necessary to preserve the program?

How is Medicare funded now?

Why do older adults feel that Medicare is an insurance program and not a welfare program?

Is this perception accurate?

Should there be a Medicare program at all?

Why should the government be involved in providing insurance to older adults?

Does Medicare have detrimental effects on the market for healthcare or on the market for health insurance?

Are these economic effects offset by the positive effects of the Medicare program for older adults?

What about the positive effects of caring for older adults for society?

Are there any externalities here?

Why should the government be involved in providing insurance to older adults? Does Medicare have detrimental effects on the market for healthcare or on the market for health insurance?
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