Insurance. As we learned this term, healthcare insurance is one example of an entire class of...

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Insurance. As we learned this term, healthcare insurance is oneexample of an entire class of insurance products that is providedby the government. The government tends to underwrite insuranceprograms when they are at a high risk of failure, for whatever thereason. Carefully explain four reasons why the governmentunderwrites healthcare insurance in the U.S. In your answer, use asmany examples from the US healthcare industry as you can.

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answer Health insurance is insurance that covers the whole or a part of the risk of a person incurring medical expenses spreading the risk over a large number of persons By estimating the overall risk of health care and health system expenses over the risk pool an insurer can develop a routine finance structure such as a monthly premium or payroll tax to provide the money to pay for the health care benefits specified in the See Answer

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