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The cost of Medicaid can vary depending on the state and individual circumstances. In general, the overall annual cost of Medicaid in the United States is estimated to be around $600 billion. This includes federal and state contributions to the program.

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1y ago

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How much does senior living cost?

The cost of senior living varies depending on the type of community and level of care needed. On average, in the United States, the cost can range from $1,500 to $10,000 per month. Factors such as location, amenities, and level of care will impact the overall cost.


How much is the widows state pension?

The widows' state pension in the UK is currently up to £122.55 per week, depending on individual circumstances. This amount may change annually based on government regulations.


what does it cost for a nursing home for the elderly?

The cost of a nursing home for the elderly can vary depending on factors such as location, level of care needed, and amenities provided. On average, the cost can range from $6,000 to $10,000 per month. It's important to research facilities in your area and consider all financial options available.


The Social Security tax is 6.2 percent and the Medicare tax is 1.45 percent of your annual income How much would you pay per year to FICA if your annual earnings were 47000?

For Social Security tax, you would pay 6.2% of $47,000, which is $2,914 annually. For Medicare tax, you would pay 1.45% of $47,000, which is $682.50 annually. In total, you would pay $2,914 + $682.50 = $3,596.50 per year to FICA.


What is the average cost to live in a retirement community?

The cost to live in a retirement community can vary significantly depending on factors such as location, amenities, level of care needed, and housing options. On average, the cost can range from $1,500 to $6,000 per month. It's important to research and consider all expenses involved to determine the total cost.