The problems of moral hazard and adverse selection were given careful considering in the creation of the Affordable Care Act (aka "Obamacare"). For example, for a period of time, people who did not have health insurance of any kind had to pay a fine. The ACA was also careful to subsidize, i.e. make cheaper, the health insurance plans that were available on the government marketplace. Given your understanding of moral hazard and adverse selection, why were these two specific features of the ACA necessary? In a place with universal health insurance, such as Canada, do you think there would be issues caused by moral hazard or adverse selection? What issues could you see arise? How might the government address those issues