Medicare Part D - Program Costs

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:

    Who will join in the march to the Rocky Mountains with me, a sort of high-pressure-double-cylinder-go-it-ahead-forty-wildcats- tearin’ sort of a feller?... Git out of this warming-pan, ye holly-hocks, and go out to the West where you may be seen.
    —Administration in the State of Miss, U.S. public relief program (1935-1943)

    Like cellulite creams or hair-loss tonics, capital punishment is one of those panaceas that isn’t. Only it costs a whole lot more.
    Anna Quindlen (b. 1952)