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In alignment with objective 2.4 of Mexico's National Development Plan 2013–2018 (and to National Strategy 2.4.2 in the Plan), [12] the PPE seeks to reduce the vulnerability of the population aged 65 and up by providing its enrollees with a cash subsidy every two months, and by facilitating access to social security.
Plan II: Up to four percent of taxable wages, up to a maximum of $1,000, could be diverted from FICA and voluntarily placed by workers into private accounts for investment. Plan III: One percent of wages on top of FICA, and 2.5% diverted from FICA up to a maximum of $1000, could be voluntarily placed by workers into private accounts for investment.
At $8,000, the mean cost per stay billed to Medicaid was $2,000 less than the average cost for all stays. [103] Medicaid does not pay benefits to individuals directly; Medicaid sends benefit payments to health care providers. In some states Medicaid beneficiaries are required to pay a small fee (co-payment) for medical services. [2]
The Medicare Trustees have reduced their forecast for Medicare costs as %GDP, mainly due to a lower rate of healthcare cost increases. Medicare was established in 1965 and expanded thereafter. In 2009, the program covered an estimated 45 million persons (38 million aged and 7 million disabled).
Value of life estimates are frequently used to estimate the benefits added due to a new policy or act passed by the government. One example is the 6-year retroactive study on the benefits and costs of the 1970 Clean Air Act [clarification needed] in the period from 1970 to 1990.
The Townsend Plan continued for four decades, but did not really have much influence after 1950. [5] In 1978, the national Townsend Plan was shut down, with only state chapters surviving, and that by then it had a "dwindling and aging membership." [5]
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