Research Article: Dynamics of Macroeconomy, Medicaid, and State Fiscal Conditions: A Role of Medicaid Expansion
Abstract:
The United States has been spending enormous amounts of money on healthcare. In , it spent approximately $. trillion (.% of GDP) on health, and the expenditure grew by .% to $. trillion (.% of GDP) in . The largest share came from the US government (.% in ) and was spent to provide public insurance through Medicaid, CHIP, and Medicare programs. The financial burden of healthcare costs has been one of the significant budgetary concerns for the US government, while the federal government has made continuous efforts to increase insurance coverage in the U.S.–
Introduction:
The United States has been spending enormous amounts of money on healthcare. In , it spent approximately $. trillion (.% of GDP) on health, and the expenditure grew by .% to $. trillion (.% of GDP) in . The largest share came from the US government (.% in ) and was spent to provide public insurance through Medicaid, CHIP, and Medicare programs. The financial burden of healthcare costs has been one of the significant budgetary concerns for the US government, while the federal government has made continuous efforts…
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