Medicaid. It is the United States national brass program to aid states in providing health do by to the poor and imp all overished who differently could non receive         proper medical take. In 1995 the federal judicature spent a total of $77.4 jillion on Medicaid. This is up almost 300 portion from $20.1 Billion in 1984, raw 10 age earlier. In the same 10 years state spending on Medicaid rose over 250 pct from $16.5 Billion to $58.2 Billion. Under the current Medicaid programs, Medicaid spending impart toot up at an annual rate of 10 percentage, to an estimated $262 Billion by the year 2002.         Medicaid spending has grown much express than the habitual rate of inflation. For the Federal Government, Medicaid expenditures have grown from except 1 percent of the national budget in 1970 to over 6 percent in 1995, while state expenditures went from 8.1 percent to 13.5 percent in the same time span. This increase dejection be attributed to multiple factors. First, through a series of mandates, the Federal Government has expanded the eligibility for Medicaid, requiring states to serve more people. They also change magnitude the standards required of nursing categorys. This led to higher(prenominal)(prenominal) nursing mansion bell which were passed directly back to the Medicaid program.
The current average cost to care for a patient in a nursing home is nine times greater than that of a single parasitic child. The price of medical care, in general, has drastically increased. Expensive vernal technology and procedures are a large part of this inc! rease. The penury for these costly new technologies is not expected to decrease, the cost get out just be passed on to the public through higher prices and higher Medicaid spending. And finally, an estimated 10 percent of Medicaid payments is wasted on fraud. This is largely fraud by health... If you want to get a expert essay, order it on our website: BestEssayCheap.com
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