The American model Major characteristics: Private health insurance markets: The non-elderly and non-poor seek insurance on the private market, which is centered around employer-based health insurance pools. Partial universal health insurance: Subsidized universal health insurance is provided to two vulnerable subpopulations:the elderly (through Medicare)and the poor(through Medicaid). Private health care provision: Most hospitals and doctor's clinics are private.While there is some antitrust regulation,there are few legal restrictions on where doctors can practice and hospitals can open.There are also no direct price controls enforced by the government. Bhattacharya,Hyde and Tu-HealthEconomicsBhattacharya, Hyde and Tu – Health Economics The American model Major characteristics:  Private health insurance markets: ◼ The non-elderly and non-poor seek insurance on the private market, which is centered around employer-based health insurance pools.  Partial universal health insurance: ◼ Subsidized universal health insurance is provided to two vulnerable subpopulations: the elderly (through Medicare) and the poor (through Medicaid).  Private health care provision: ◼ Most hospitals and doctor’s clinics are private. While there is some antitrust regulation, there are few legal restrictions on where doctors can practice and hospitals can open. There are also no direct price controls enforced by the government