According to the textbook, Manning and his colleagues found that people with $1,000-deductible policies spent ______ on health care relative to people with first-dollar coverage.
A)less
B)40 percent more
C)the same amount
D)50 percent more

Question

According to the textbook, Manning and his colleagues found that people with $1,000-deductible policies spent ­______ on health care relative to people with first-dollar coverage.
A)less
B)40 percent more
C)the same amount
D)50 percent more

Quizplus · Accepted Answer

Manning and his colleagues found that people with $1,000-deductible policies spent less on health care compared to those with first-dollar coverage, as higher deductibles typically lead to reduced health care spending due to increased out-of-pocket costs.

According to the Textbook, Manning and His Colleagues Found That