The Riegle-Neal Interstate Banking and Branching Efficiency Act Has Allowed

question 92

Essay

The Riegle-Neal Interstate Banking and Branching Efficiency Act has allowed banks to diversify themselves geographically. Has this geographical expansion resulted in the harm to consumers that early supporters of anti-branching laws feared? Explain.

---

Definitions:

Single-payer Approach

A healthcare system where a single public or quasi-public agency organizes health care financing, but delivery of care remains largely private.

Medical Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured.

Affordable Care Act

A comprehensive health care reform law enacted in March 2010, aimed at improving access to health insurance for American citizens.

Medicaid

A health care program in the United States that provides medical assistance to eligible low-income individuals and families.