On Fri, Feb 13, 2009 at 1:01 PM, Gruss Gott <[email protected]> wrote: > Wow, and Medicaid costs ~$2 trillion per year (that's 1/7 of our GDP) > and it accounts for 42% of nursing home spend. > > HOLY crap.
Time for word problem... If Medicaid alone is 1/7 of GDP, and 1% increase in unemployment translates into ~1,000,000 NEW Medicaid enrollees, ~1.1M uninsured, and $3.4 billion in additional costs, at what point does Medicaid reach 100% of GDP? This implies that at some point Medicaid alone could bankrupt the US. Grand. Just grand. -Cameron ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:288399 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
