Identify and describe the current state of the health care industry or a particular segment of the healthcare industry using the Microeconomic concepts and tools. For this week, you will want to supplement this reading with research from a newspaper or newsmagazine or from a reputable online source that deals with U.S. Healthcare.

For this week your post should:

1. List the pros and cons related to the current system in place in the United States along with a short explanation of health insurance and how it relates to this debate.
2. Apply either supply and demand analysis (week 2 material) or elasticity analysis (week 3 material) or the examination of market structures (weeks 4-5 material).
3. Develop your own solution to this social issue, but you must understand and explain the economic costs of your decision.

Hint: You may want to compare healthcare systems in other countries.