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Three of these families had gross incomes above 0,000. All health care programs are subject to fraud; however, Medicare and Medicaid programs are the most visible.
Estimates of fraudulent billings to health care programs, both public and private, are estimated between three and ten percent of total health care expenditures.
S.  , “results obtained with international comparisons should be treated with considerable caution,” but a “common and extremely robust result of international comparisons is that the effect of per capita GDP (income) on [healthcare] expenditures is clearly positive and significant….”  * When the first wave of baby boomers reached the age of 65 in 2011, there were 4.5 Americans aged 20–64 for every American aged 65 or older.The remainder of beneficiaries’ healthcare expenses were paid by private supplemental insurance (15%), direct out-of-pocket spending (13%), and other government programs such as Medicaid and the Department of Veterans Affairs (6%).  * In 2013, Medicare payment rates for inpatient hospital services were 63% of private health insurance payment rates, and Medicare paid hospitals an average of 12% below their costs of caring for Medicare patients. * People who are aged 20-64 are known as the “primary working-age population.” When Medicare began funding healthcare for seniors in 1966, there were 5.5 Americans in their primary working years for every American aged 65 or older. As the baby-boom generation matures and projected life expectancy increases, the Social Security Administration projects that this ratio will decline by 36% by 2020 and 50% by 2030: * When Medicare was established in 1965, the period life expectancy for 65-year-old Americans was 12.9 years for males and 16.3 years for females.By 2014, these figures had risen to 18.1 years for males and 20.6 years for females.Medicare paid hospitals an average of 12% below their costs of caring for Medicare patients, and Medicaid paid hospitals an average of 10% below their costs of caring for Medicaid patients. * As of October 2011, four states limit the number of days that Medicaid will pay for hospital stays: 45 days in Florida, 30 days in Mississippi, 24 days in Arkansas, and 16 days in Alabama.Arizona and Hawaii are planning to limit the number of days to 25 and 10 respectively.
For healthcare companies in the S&P 500, it averaged 14.8%: The process of educating and training new physicians can be lengthy, reflecting the complexity of medical care.