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Quote/unquote.


Excerpted from BestWeek

"If you look back 20 years ago, Medicaid Medicaid, national health insurance program in the United States for low-income persons; established in 1965 with passage of the Social Security Amendments and now run by the Centers for Medicare and Medicaid Services.  was, on the average, 10% of state budgets. Currently, it outpaces about 22% of state budgets and is starting to outpace out·pace  
tr.v. out·paced, out·pac·ing, out·pac·es
To surpass or outdo (another), as in speed, growth, or performance.


outpace
Verb

[-pacing,
 education, which is the No. 1 cost in most states. Just in the last 10 years, Medicaid spending has gone from about $157 billion, up to $300 billion, which is a 91% increase.

... If spending continues at the same rate as today, the Congressional Budget Office The Congressional Budget Office (CBO) is responsible for economic forecasting and fiscal policy analysis, scorekeeeping, cost projections, and an Annual Report on the Federal Budget. The office also underdakes special budget-related studies at the request of Congress.  estimates that by 2015, Medicaid will increase mother 97%, up from about $590 billion."

John Monahan Monahan is a name of Gaelic origin, derived from manacháin, meaning "little monk".[1], and may refer to the following: People with the surname Monahan
  • Dan Monahan, American actor
, President,

State-Sponsored Business, WellPoint Noun 1. wellpoint - a perforated tube driven into the ground to collect water from the surrounding area
well point

tube, tubing - conduit consisting of a long hollow object (usually cylindrical) used to hold and conduct objects or liquids or gases
 Inc.

Member, Federal Medicaid Advisory Commission

"I think as time goes on, most Americans are coming to realize that they really need to step up and take ownership of their financial well-being. Annuities are certainly one of the most obvious ways and best ways that consumers can really plan for and provide for their financial needs going forward."

Brian Atchinson,

President and Chief Executive Officer

Insurance Marketplace Standards Association
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Title Annotation:Comment
Author:Atchinson, Brian
Publication:Best's Review
Date:Jan 1, 2007
Words:167
Previous Article:The medium and the message.(Editor's Prologue)
Next Article:Corrections.(Comment)(Correction notice)
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