MHLP 540 - Health Insurance (3)

An overview of health insurance, health insurance regulation, state health reform efforts, and recent proposals in Congress to reform the health care system. The history of the development of health insurance and its theoretical basis, moral hazard, and adverse selection will be examined with an emphasis on economics. The role of managed care and employer sponsored health insurance will be discussed. Government regulation of insurance and the Medicare and Medicaid programs will also be reviewed. A significant part of the course will focus on the impact of the Affordable Care Act on private health insurance markets. Offered: Spring.