The U.S. government is pervasively involved in the U.S. healthcare system, such as in the financing of healthcare services through programs such as Medicare and Medicaid. The U.S. government also subsidizes healthcare professional training institutions. The public interest and economic theories of government often apply to explain the U.S. government’s actions.
Prepare a report with at least 3 pages for your manager on the public interest and economic theories of government. Include the following in your report:
A brief introductory background for the two theories
An outline of the basic assumptions of each theory
The contradictions inherent in the two theories
Your opinion on how the actions of U.S. government based on these theories are affecting the cost of and access to healthcare services