Describe the main features of medicare and medicaid

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Reference no: EM131244178

1. Briefly describe the main features of Medicare and Medicaid, indicating how each is financed.

2. What are the implications of rapidly rising health care prices and spending for

(a) the growth of real-wage rates,

(b) government budgets, and

( c) offshoring of U.S. jobs? Explain

Reference no: EM131244178

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