Some analysts have wondered why uninsured people would purchase health insurance as the result of a mandate (Cassidy, 2010; Kling, 2010). After all, for many people the penalty would cost less (at least in the very short-term) than a policy. Health insurance mandates differ from some other requirements, such as the requirement to pay taxes: In exchange for compliance, enrollees individually receive a tangible good—health insurance—that they value. Health economics provides a framework for considering how changes in the price of health insurance affect People compare the price of health insurance with their perception of its value. Those who are.
