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Rounding out the top five cheapest states for healthcare is Idaho. The state ranks 49th for the yearly cost for insurance covering an employee plus one person, which is great news for married couples.
To determine the best and worst states for health insurance costs, GOBankingRates ranked all 50 states based on two factors: the average monthly insurance premium and the average annual deductible ...
Compared to other OECD countries, U.S. healthcare costs are one-third higher or more relative to the size of the economy (GDP). [2] According to the CDC , during 2015, health expenditures per-person were nearly $10,000 on average, with total expenditures of $3.2 trillion or 17.8% of GDP . [ 3 ]
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A study published in August 2008 in Health Affairs found that covering all of the uninsured in the US would increase national spending on health care by $122.6 billion, which would represent a 5% increase in health care spending and 0.8% of GDP. "From society's perspective, covering the uninsured is still a good investment.
California was one of the states to expand its Medicaid program. [6] As of 2018, about one-third of California was covered by Medi-Cal. It is administered by the California Department of Health Care Services, which operates it in accordance with California's Medicaid State Plan and Title XIX of the Social Security Act. [7]
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