Universal Health Care May Cost $1.5 Trillion
Health policy experts say guaranteeing coverage for all Americans may cost about $1.5 trillion over the next decade -- more than double the $634 billion 'down payment' Obama set aside.
(Fox News) - Your lungs may work just fine, but the estimated price for universal health care could take your breath away.
Health policy experts say guaranteeing coverage for all Americans may cost about $1.5 trillion over the next decade. That would be more than double the $634 billion 'down payment' President Barack Obama set aside for health reform in his budget.
About 48 million people are uninsured, and the problem is only expected to get worse because the cost of coverage keeps rising.
Still, administration officials have pointedly avoided providing a ballpark estimate for Obama's fix, saying it depends on details to be worked out with Congress.
(Fox News) - Your lungs may work just fine, but the estimated price for universal health care could take your breath away.
Health policy experts say guaranteeing coverage for all Americans may cost about $1.5 trillion over the next decade. That would be more than double the $634 billion 'down payment' President Barack Obama set aside for health reform in his budget.
About 48 million people are uninsured, and the problem is only expected to get worse because the cost of coverage keeps rising.
Still, administration officials have pointedly avoided providing a ballpark estimate for Obama's fix, saying it depends on details to be worked out with Congress.
posted by BP News Bureau | 12:12 PM
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