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:

    The discovery of Pennsylvania’s coal and iron was the deathblow to Allaire. The works were moved to Pennsylvania so hurriedly that for years pianos and the larger pieces of furniture stood in the deserted houses.
    —For the State of New Jersey, U.S. public relief program (1935-1943)

    When over Catholics the ocean rolls,
    They must wait several weeks before a mass
    Takes off one peck of purgatorial coals,
    Because, till people know what’s come to pass,
    They won’t lay out their money on the dead—
    It costs three francs for every mass that’s said.
    George Gordon Noel Byron (1788–1824)