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Medicaid accounted for 14.8 percent of the $2.1 trillion in total health spending in 2006 and 7 percent of the federal budget in 2007. In the next ten years, Medicaid expenditures are projected to grow at a rate of 7.9 percent per year, a rate that exceeds the growth of...
AARP's reports on drug prices invariably conclude that prices are increasing faster than inflation, but after factoring in generic-drug prices, drug costs for the elderly are actually decreasing.
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