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In the accompanying figure Now()is a function for the current time .
Public Health Insurance
Government-provided insurance programs designed to offer health coverage to eligible individuals, aiming to improve accessibility and affordability.
Ration Health Care
The controlled distribution of scarce healthcare resources, where decisions are made regarding who gets what level of care based on various factors, often due to limitations in resources or funding.
Expanded Coverage
The extension of insurance or service benefits to include more conditions, individuals, or circumstances than originally covered.
Equilibrium Price
The equilibrium price is the price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, resulting in a stable market condition.
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