Medicare and Medicaid Spending Surge to 21% of US Corporate Expenses

Medicare and Medicaid Spending Surge to 21% of US Corporate Expenses The passage provides only aggregate spending statistics for Medicare and Medicaid with no specific individuals, transactions, or misconduct allegations. It lacks actionable leads, novel revelations, or connections to powerful actors. Key insights: Medicare and Medicaid now represent 21% of USA Inc.'s total expenses ($724B) in fiscal year 2010.; Combined, the programs account for 35% of total US healthcare spending.; Medicaid serves 16% of Americans; Medicare serves 15% of the population.