Introduction to Economics Dissertation Example | Topics and Well Written Essays - 250 words

Introduction to Economics - Dissertation Example There are several advantages and disadvantages of low-cost health insurance. The advantage of low-cost health insurance is that it would help cater for the health needs of lots of people, it would also make the poor people and the elderly people benefit from the programs, the low-cost insurance program would also save the people from the financial hardships that is caused by the high-cost insurance schemes. The disadvantage of the low-cost health insurance program is that it might not really cover the costs associated with the healthcare of the people as it has several limitations. The reason that people invest in low-cost health insurance program is due to the fact that these set of people live on low-income earnings and they are compelled to invest in low-cost health insurance schemes that would cover their entire household. The poverty level of different countries is also the reason that these people invest in low-cost health insurance programs (O'Sullivan, Sheffrin & Perez, 2010) . The reason for the golf boom that is experienced in China is not far-fetched. The reason for the golf boom is due to the commitment of the Chinese government towards developing the sport.