Discuss public interest theory and special interest grouptheory in the views of government intervention in a market-basedhealthcare system. What role does the politician play in bothviews? What impact does the Affordable Care Act, along with theHealth Insurance Exchange has on demand, supply, and cost ofhealthcare? What type of subsidy and losses is relative to Medicaidor Medicare expansion?

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Public interest theory claims that government regulation can improve markets compensating for imperf... View the full answer