Program Costs
As of the end of year 2008, the average annual per beneficiary cost spending for Part D, reported by the Department of Health and Human Services, was $1,517, making the total expenditures of the program for 2008 $49.3 (billions). Projected net expenditures from 2009 through 2018 are estimated to be $727.3 billion.
Read more about this topic: Medicare Part D
Famous quotes containing the words program and/or costs:
“In 1862 the congregation of the church forwarded the church bell to General Beauregard to be melted into cannon, “hoping that its gentle tones, that have so often called us to the House of God, may be transmuted into war’s resounding rhyme to repel the ruthless invader from the beautiful land God, in his goodness, has given us.””
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)
“It is commonly said by farmers, that a good pear or apple costs no more time or pains to rear, than a poor one; so I would have no work of art, no speech, or action, or thought, or friend, but the best.”
—Ralph Waldo Emerson (1803–1882)