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:
“The actions of each dancer were scrutinized with great care and any little mistake noted and remembered. The strain upon a dancer was consequently so great that when a fine dancer died soon after a feast it was said, “The peoples’ looks have killed him.””
—Merle Colby, U.S. public relief program (1935-1943)
“To exercise power costs effort and demands courage. That is why so many fail to assert rights to which they are perfectly entitled—because a right is a kind of power but they are too lazy or too cowardly to exercise it. The virtues which cloak these faults are called patience and forbearance.”
—Friedrich Nietzsche (1844–1900)