How does the employer mandate help eliminate the problem of adverse selection? Would a single-payer plan, in which everybody is insured through the government, further reduce the problem of adverse selection?

What do you think would happen to health care expenditures in the United States under either the ACA or a single-payer plan? Consider the following:

Market supply and demand

Economics of scale

Incentives facing health-care providers

That preventative medicine would be available to more citizens

Any moral hazard issues

Any adverse selection issues

Any other issues from this course that come to mind

Explain your thoughts thoroughly using concepts from the related chapters and lectures.