Author Question: Because employer-provided health insurance was too expensive, a major employer decided to ... (Read 208 times)

jazziefee · **on:** Jul 1, 2018

Because employer-provided health insurance was too expensive, a major employer decided to self-insure and simply pay for medical bills itself rather than a premium to an insurance company. As a result
a. they are more likely to institute a wellness program for employees
b. they are less likely to institute a wellness program for employees
c. they are indifferent with regards wellness programs
d. they will regret this decision

Question 2

The price of services at St.Elsewhere falls by 10 percent. What happens to the quantity of services demanded at Urban General?
a. Quantity demanded rises by 35.0 percent.
b. Quantity demanded falls by 3.5 percent.
c. Quantity demanded falls by 1.5 percent.
d. Quantity demanded rises by 5.0 percent.
e. Quantity demanded stays the same.