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Published byThomasina Benson Modified over 9 years ago
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Presentation at Alliance for Health Reform Briefing Bob Greenstein September 12, 2011
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Medicare and Medicaid Controlled Costs Better than Private Insurance Over the Last Decade Average Annual Growth Rate, 2000-2009 Medicaid Per Beneficiary Medicare Per Beneficiary Private Per Capita, Comparable to Medicare Private Employer Insurance Premiums Source: CBPP analysis.
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Medicaid Costs 27 Percent Less For Children, 20 Percent Less For Adults Than Private Insurance Source: Leighton Ku and Matt Broaddus, Public and Private Health Insurance: Stacking Up the Costs, Health Affairs, 27, no.4 (2008): w318-327 Estimated 2005 per capita costs of serving Medicaid enrollees with public vs. private insurance, after adjusting for health differences Public insurance Private insurance
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Ryan Proposal Would Double Health Care Spending of Typical 65-Year-Old 4 Source: Douglas W. Elmendorf, Director, Congressional Budget Office, Letter to the Honorable Paul Ryan, April 5, 2011, and CBPP calculations. Current Medicare is CBO’s alternative scenario. Note: Beneficiary’s share of spending includes premiums, out-of-pocket costs for covered services, and any payments for supplemental insurance.
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Raising Age of Eligibility for Medicare to 67 Would Increase Total Health Care Spending 5 Source: Raising the Age of Medicare Eligibility, Kaiser Family Foundation, July 2011.
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