14.01SC Principles of Microeconomics, Fall 2011

Lecture 26: Healthcare Economics

author: Jonathan Gruber, Department of Economics, Massachusetts Institute of Technology, MIT
recorded by: Massachusetts Institute of Technology, MIT
published: Dec. 3, 2012, recorded: April 2012, views: 4164
released under terms of: Creative Commons Attribution Non-Commercial Share Alike (CC-BY-NC-SA)

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Description

In 2010, President Obama signed the Patient Protection and Affordable Care Act (PPACA) into law to address issues of access and cost in healthcare. In this lecture, we discuss these issues in healthcare and the role of the PPACA in addressing these issues to demonstrate how a public policy tool can be used to address many of the economic problems discussed throughout the course.

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Reviews and comments:

1 Janna, November 15, 2014 at 1:19 a.m.:

Weren't those "market failures" the results of government interference in the first place? And your solution is more gov't interference? :)

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