Summary Box: Vt. public health care could top $9B

By the Associated Press | November 1, 2011 | 6:55 PM EDT

MONTPELIER, Vt. (AP) — PRICE TAG: Vermont policymakers are projecting that a government-funded universal health care system would cost between $8.2 billion and $9.5 billion a year — roughly $13,000 to $14,000 per resident — by 2020.

GOING PUBLIC: The cost estimate was due by Nov. 1 under a law signed in May that is intended to make Vermont the first state in the nation with fully publicly funded health care.

WHAT'S NEXT?: Lawmakers must still figure out how to pay for the new system. They'll start by seeking the public's input at a series of forums in November and December. No final decision is expected until early 2013.