The Affordable Health Care Act (ACA) was enacted in March, 2010 (Healthcare.gov, n.d.) to increase the availability of healthcare to Americans. Several changes have been made to the law in recent years, and as recently as 2021 adjustments were made to the provisions of the ACA (Andrews, 2021). In this capstone paper you will analyze the impact of the law on expenditures for health care.

Using the concepts you have learned in this class, up to and including this week, analyze the law and potential changes on health care expenditures in the United States from the time before the Affordable Health Care Act was passed to the present time. Also compare the changes in expenditures on health care if a single-payer plan was adopted.

Among other concepts that you can utilize in your analysis, you may consider the supply and demand in the healthcare market (both on the output market and on the input markets), elasticity, Economies of Scale and Scope, incentives facing the market participants, the role that preventative medicine may have, moral hazard and adverse selection issues, availability of insurance, as well as any other concepts from the course that you find relevant.