Medicaid will only get costlier, report finds

 
By The Associated Press
Published: October 18, 2008

WASHINGTON — Medicaid ’s growing strain on federal and state budgets is unlikely to abate over the coming decade as the cost of providing health care to the poor is expected to increase 7.9 percent annually, government actuaries reported Friday.

Each year, trustees for the nation’s Medicare and Social Security programs update the public on the financial health of the two entitlement programs. N...


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