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According to California's Department of Finance, the state's 2017-2018 enacted state budget includes over $180 billion in state funds. [28] As can be seen below, Table 1 gives an overview of California's 2017-2018 enacted state budget. As the table suggests, health care and K12 education represent California's largest expenditures of state funds.
This is a list of U.S. state government budgets as enacted by each state's legislature. A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts).
This cost-spreading mechanism often picks up much of the cost of health care, but individuals must often pay up-front a minimum part of the total cost (a deductible), or a small part of the cost of every procedure (a copayment). Private insurance accounts for 35% of total health spending in the United States, by far the largest share among OECD ...
The average health care cost per person in South Dakota came in at $11,736, putting it ninth overall for personal health care costs. Nearly half of adults in the state reported not receiving care ...
The chart below is older (2020 data) and breaks down the voluntary spending further by separating out-of-pocket payments. In this chart the items are stacked by color. There are a few other countries than just OECD countries. [2] [3] Click to enlarge. Timeline of a few OECD countries: Health care cost as percent of GDP (total economy of a ...
Some costs—such as money needed to market an insurance company, the overhead cost of operating a doctor's office, or expenses associated with training hospital staff—are a regular part of ...
A 2009 study published by BCBSA found that the average administrative expense cost for all commercial health insurance products was represented 9.2% of premiums in 2008. [237] Administrative costs were 11.1% of premiums for small group products and 16.4% in the individual market. [237]
More than 96% of the population has health insurance in this state. Massachusetts dominates the rankings for high rates of health insurance coverage. Norfolk County has the highest rate of ...