mrstickball on 25 July 2009
FYI about government spending on Medicare:
Cost: $325 billion USD as of 2006 (http://useconomy.about.com/od/fy2008budget/p/2008_Mandatory.htm)
Coverage: ~42 million US Citizens (as per http://hhs.gov/news/press/2006pres/20060614.html - 38 million = >90% of medicare recipients).
Average Cost Per Government Enrollment: $7,738/yr (2006)
Average Cost Per Private Enrollment: $4,479 /yr (2007)
________________
I'd really like to know how Obama's administration thinks that the government can cut costs when their own program costs 72% more than the average private enrollment.
Private average was based off of: http://www.suite101.com/blog/klquan/cost_of_health_insurance_rises
Back from the dead, I'm afraid.
