These are my two questions 1 answer below »

You are a member of a
presidential commission appointed to consider a mandatory national health
insurance plan, and the question of how to fund the plan is being discussed.
Specifically, three separate options are being considered to generate an
average of $4,000 per worker: a flat mandatory premium, a doubling of the
current 7.65% payroll tax that comes out of people’s pay to cover Social
Security and Medicare, and a 7% increase in income tax. Think about this from
the perspectives of three workers: one who makes $25,000 per year; one who
makes the same in salary but also has $1,000 in investment income; and one who
makes $85,000 per year, including $10,000 in investment income. Considering the
relative financial contributions it imposes on individuals such as these, which
of the three funding measures would you support and why?

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What economic and
societal factors affect the demand and pricing of healthcare services in
today’s market?