A problem has been discussed of "market failure" in health insurance resulting from the inability of insurers to classify correctly the "types" of individuals seeking to buy insurance from them and their response. Does mandating "universal insurance" solve this problem completely, or is some other step necessary?
The FDA regulates the sale of drugs in the United States by requiring evidence of safety and efficacy. What effects does this have that might improve the health of the U.S. population? What effects does this have that might harm the health of the U.S. population?