Government pays 45 percent of health costs

Feb 21, 2007

A U.S. government study in Washington has suggested the federal government currently pays 45 percent of the nation's health costs.

The study, which comes amid increasing agitation for the government to pay more of the country's health costs, said the amount paid by the government is expected to increase to 50 percent within the next 10 years, the Wall Street Journal reported Wednesday.

The study authors said the government's increasing healthcare costs can be attributed to Medicare's prescription drug program, the growth of the State Children's Health Insurance Program and other similar initiatives, cutbacks in employer-sponsored coverage and increased spending by Medicaid users.

They said the findings support claims that the United States is slowly moving towards a single-payer system.

"We are moving incrementally away from traditional sources of insurance, such as employer-based coverage, to a system comprising more federal and state government-provided healthcare," said the study's authors, who work for the agency that runs Medicare.

Copyright 2007 by United Press International

Explore further: Support for electronic health information varies with use

add to favorites email to friend print save as pdf

Related Stories

HuffPost launches in India, eyes China edition

Dec 08, 2014

The Huffington Post launched an Indian version of its news website Monday, seeking to tap the country's exploding number of Internet users, and announced its next big goal was a Chinese edition.

UN: climate change costs to poor underestimated

Dec 05, 2014

(AP)—The cost to poor countries of adjusting to ever-hotter temperatures will be two or even three times higher than previously thought, the U.N.'s environment agency said Friday—and that assumes a best-case ...

Technology to help farmers protect crops

Nov 25, 2014

New technology to tackle biosecurity challenges down the track is one of the five megatrends identified in today's CSIRO report Australia's Biosecurity Future: preparing for future biological challenges. ...

Recommended for you

Supplement maker admits lying about ingredients

9 hours ago

Federal prosecutors say the owner and president of a dietary supplement company has admitted his role in the sale of diluted and adulterated dietary ingredients and supplements sold by his company.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.