Economists John Cogan, Glenn Hubbard, and Daniel Kessler Have Estimated

question 1

Multiple Choice

Economists John Cogan, Glenn Hubbard, and Daniel Kessler have estimated that repealing the tax preference for employer-provided health insurance would

• A)significantly reduce the effectiveness of the health care received by those enrolled in these programs.
• B)increase overall spending on health care as consumers would have to pay a higher price for medical services.
• C)drive up prices for health care coverage since insurance reimbursements to doctors would be reduced.
• D)reduce spending by people enrolled in these programs by 33 percent.