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Medicaid. It is the United States Federal Government program to aid
states in providing health care to the poor and impoverished who otherwise could
not receive proper medical care. In 1995 the federal government spent a
total of $77.4 Billion on Medicaid. This is up almost 300 percent from $20.1
Billion in 1984,abercrombie france, only 10 years earlier. In the same 10 years state spending on
Medicaid rose over 250 percent from $16.5 Billion to $58.2 Billion. Under the
current Medicaid programs,louboutin pas cher, Medicaid spending will increase at an annual rate of
10 percent,burberry, to an estimated $262 Billion by the year 2002.
Medicaid spending has grown much faster than the general rate of
inflation. For the Federal Government,abercrombie and fitch, Medicaid expenditures have grown from
only 1 percent of the national budget in 1970 to over 6 percent in 1995,louboutin, while
state expenditures went from 8.1 percent to 13.5 percent in the same time span.
This increase can be attributed to multiple ...
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