Macroeconomics 9th Edition by David Colander

Exercise 17

In the early 2000s, Whole Foods Marker Inc.witched to a medical care plan that had a high deductible, which meant that employees were responsible for the first $1,500 of care, whereas after that they received80 percent coverage.he firm also put about $800in an account for each employee to use for medical care.f they did not use this money, they could carry it over to the next year.
a. What do you expect happened to medical claim costs
b. What do you believe happened to hospital admissions
c. Demonstrate graphically the reasons for your answers in a and b.O5