Friday, March 31, 2006
Over 70% of all medical bills are now enclosed by government programs and insurance, and the number of people covered by some form of health insurance amplified from about 12 million in 1940 to over 225 million in 1996. About 38 million Americans were enrolled in Medicare, and there were more than 36 million Medicaid recipients. In that same year, about 187 million people were covered by private health insurance. However, more than 44 million Americans are not covered by any health insurance, and those who are have seen significant cost increases. As premiums increased from $16.8 billion in 1970 to $310 billion in 1995, and national health-care costs rose from $75 billion in 1970 to just over $1 trillion in 1996, many businesses increased the amount of money employees contribute toward their health insurance. This circumstance has led to ongoing political pressure for restructuring of the national health-care insurance system.
posted by renaa
@ 6:26 PM
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