
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.
Correct Answer:
Verified
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