Medicaid: Enrollment Is Up 12x to 49 Million While Annual Payments per
Beneficiary Are Up 4x to $5K From 1966 to 2009
Real Annual Medicaid Payments per Beneficiary & Enrollment, 1966 - 2009
EE wm mw me ms te cn i en en hs = = 50 $4,500 ---- mm Enrolment: © = er ene an an a Te ener enw anreny, g $4,000 —— Annual Benefits per Enrollee 40 = S BBSDG <<: 2ccc come screen ne mens an ee metas ns me =o emg mon on md a) = = & $3,000 --------------- +--+ 2-2-2222 ee eee eee eee fee Ltt 30 5 — -— v = BEE mm = m= me mm me io me ma — ee me no te me co oli Htthitth g i] = 3 ° @ BEBE <<< <== es me a ae as sou huaaeaigveann 20 = 7) wi SB PASOQ <—---—y Ttrk TELA EFA AE £ o & $1,000 \. 7 TAHA HALAL 10 wn a TAHA AAPA $0 | T T T T ae T T T T T T T T T T T aa T T T T T T 0 1966 1970 1974 1978 1982 1986 1990 1994 1998 2002 2006 Note: Data are inflation adjusted. Source: Dept. of Health & Human Services. i USA Inc. | Income Statement Drilldown 97
Medicaid: Observations
e 49 million (26MM low-income children / 12MM low-income adults /7MM disabled / 4MM elderly) Americans (16% of population) received an average of $4,684 in tax-payer funded payments from the federal government for healthcare in 2009. For context, $6,872 in healthcare benefits is 13% of average annual per-capita income for Americans.
e When Medicaid was created in 1965 to provide health insurance to low- income Americans, 1 in 50 Americans received Medicaid, now 1 in 6 Americans receives Medicaid.
e That said, Medicaid is an important benefit for recipients as it provides access to healthcare for low-income adults and their children. In recent years, Medicaid beneficiaries and benefit payments have risen faster than population and per-capita income growth owing to expanded coverage, economic difficulties and associated sluggish wage growth for low- and lower-middle-income families, and continued healthcare cost inflation.
KP Note: Data are inflation adjusted. Source: Dept. of Health & Human Services. a USA Inc. | Income Statement Drilldown 98
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