In 1994 during the debate over national health insurance


Please answer the following debate question:

In 1994 during the debate over national health insurance, First Lady Hillary Clinton accused insurance companies of "making profits at the expense of their customers." Do you agree? Can you provide some examples of medical insurance companies being unresponsive to the needs of their customers?

Provide a response to this question using your knowledge of the current health care debate. Is it true that in the long run insurance companies can "make profits at the expense of their customers?" Discuss.

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Macroeconomics: In 1994 during the debate over national health insurance
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