The slowdown in Medicare spending growth for baby boomers and older beneficiaries: changes in Medicare spending levels and growth by age group : 2007–2015

The slowdown in Medicare spending growth for baby boomers and older beneficiaries: changes in Medicare spending levels and growth by age group : 2007–2015

Collection:
Health Policy and Services Research
Series Title(s):
Data brief (Commonwealth Fund)
Author(s):
Keohane, Laura M., author
Stewart, Lucas, author
Buntin, Melinda B., author
Contributor(s):
Commonwealth Fund, issuing body.
Publication:
[New York, N.Y.] : The Commonwealth Fund, December 2019
Language(s):
English
Format:
Text
Subject(s):
Health Expenditures -- statistics & numerical data
Health Expenditures -- trends
Medicare -- economics
Medicare -- statistics & numerical data
Medicare -- trends
United States
Genre(s):
Technical Report
Abstract:
In 2011, the first members of the baby boom generation turned age 65 and began entering the Medicare program in large numbers. Baby boomers started joining Medicare during a period of historically low growth in traditional Medicare spending per beneficiary. One common misperception is that Medicare per-beneficiary spending growth would not have slowed without this shift toward a younger Medicare population. By analyzing traditional Medicare spending and enrollment trends by age group from 2007 to 2015, this data brief demonstrates that beneficiary age was not the main driver of low Medicare spending growth. The slowdown in Medicare per-beneficiary spending reflects slower spending growth in all age groups, including older beneficiaries.
Copyright:
Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
Extent:
1 online resource (1 PDF file (9 pages))
Illustrations:
Illustrations
NLM Unique ID:
101761884 (See catalog record)
Permanent Link:
http://resource.nlm.nih.gov/101761884