12 Oct Calabrese and Safian – Health Care Costs and Value
The federal government, each State government, and many local governments each spend a great deal of their tax revenues on health care. The federal government finances l ) the Medicare program that provides insurance for elderly Americans, 2) over half of the Medicaid program that pays for health care received by low-income Americans, 3) Veterans and Defense Department health care expenses, and 4) the costs of extensive research, public health, and training activities. State governments pay for as much as half of the Medicare program directly as well as extensive activities in public health and regulation. Local governments generally support public health expenditures and some safety net medical care.