Health Costs Rise To Continue.The nations health care tab continues to rise, hitting $1.2 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. recent government estimates, Prescription drugs prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, account for nearly 10 percent of the total, a figure that is expected to rise in the days ahead. By the year 2010, health care spending in the U.S. is expected to rise to $2.6 trillion, fueled, in part, by higher drug outlays Outlays Payments on obligations in the form of cash, checks, the issuance of bonds or notes, or the maturing of interest coupons. that are projected to rise an average of 12.6 percent annually. The increase in drug spending comes not just from the graying of America, but also from a move to newer, more expensive drugs. In 1999, the latest year for which figures are available, prescription drugs made up 9.4 percent of total personal health spending. By 2010, this number is expected to grow to 16 percent This estimate for 2010--$366 billion for prescription drugs--does not include the potential impact of expanding the Medicare program to coverage prescription drugs. That could push the total far higher, James A. Hawkins is Publisher of Healthcare Briefings, a newsletter available in print, on cassette A removable magnetic tape storage module that contains supply and takeup reels (hubs) in the same housing. Most audio tapes and videotapes use cassettes as well as backup tape technologies such as DAT, 8mm and Magstar MP (see below). , via fax, and on computer disk. |
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