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Saturday, May 5, 2012

Fewer jobs means more spending on U.S. Medicaid

(Reuters) - Millions of people turned to the Medicaid health insurance program for the poor during the 2007-2009 recession as families coped with job losses and drastic drops in income, pushing Medicaid spending up by an average of 6.6 percent per year, according to a study released on Friday.

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