Government Waste

• Medicare and Medicaid

- In 1997 both programs cost over $550 billion and is expected to rise at a rate of 20%

- Medicare, over the last 5 years, has had average increases in costs of 13%, three times the rate of inflation.

- Medicare covers 35 million people and cost $226 billion in 1997.

- Doctors fees account for 30% of total costs

- Fraud accounts for 20-30% of total costs

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