Economic paper please read Principles of Economics Chapter 22 (section: Asymmetric information). What do you think about the role of government in health care? 1. President Trump is replacing Obamacare, under which people had to pay a tax penalty if they don’t have health insurance. Though Obamacare, or a health care mandate (which means that everyone must purchase health insurance), will be repealed, I would like you to begin your paper with providing sound economic arguments for a health care mandate

Economic paper

please read Principles of Economics Chapter 22 (section: Asymmetric information).
What do you think about the role of government in health care?
1. President Trump is replacing Obamacare, under which people had to pay a tax penalty if they don’t have health insurance. Though Obamacare, or a health care mandate (which means that everyone must purchase health insurance), will be repealed, I would like you to begin your paper with providing sound economic arguments for a health care mandate. Make sure to use these keywords: asymmetric information, adverse selection, and market failure. The United States spends far more on health care than any other country.(http://www.oecd.org/unitedstates/Briefing-Note-UNITED-STATES-2014.pdf)          To see why, please watch “Why is healthcare so expensive? This Won't Hurt a Bit”. (https://wetheeconomy.com/films/this-wont-hurt-a-bit/)                                       Do you think that Obamacare changes this?