Medicare. After we take out the $369.8 billion of personal expenditures detailed above, we are left with $297.9 billion in unallocated healthcare spending. $109.5 billion of that amount was spent on Medicare. Thatâs an additional $3,532 per person over the age of 65. That leaves us with $188.4 billion in unallocated healthcare spending. $78.7 billion of that amount was spent primarily on Medicaid. I was unable to find a breakdown of Medicaid spending in 1990 so weâll just have to use 2006 allocations.
interest definition: Interest is defined as the amount of money paid for the use of someone else's money. (noun) An example of interest is the $20 that was earned this year on your savings account. An example of interest is the $2000 you paid in inte...
Social Sciences. Definition: An interest group is an organization whose purpose is to influence the distribution and use of political power in a society. This is done mainly through influencing elected officials (i.e. lobbying) by providing information promoting a particular point of view or by offering support for reelection. Some interest groups, like antiabortion groups, exist primarily to do the lobbying of their group. For other organizations, like labor unions, corporations, or the military, lobbying is secondary to a variety of other activities.