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Monitoring health spending increases: incremental budget analyses reveal challenging tradeoffs.

Hartman M, Smith C, Heffler S, Freeland M - Health Care Financ Rev (2006)

Bottom Line: With each passing decade, health care has consumed a larger share of gross domestic product (GDP) and Federal budgets.The financing challenges are expected to become more acute for private payers as well as Federal, State, and local budgets.With the implementation of Part D in 2006, the U.S. Office of Management and Budget projects that Federal budget pressures will heighten, bringing increased attention to Medicare's long-term fiscal outlook.

View Article: PubMed Central - PubMed

Affiliation: Office of the Actuary, Centers for Medicare & Medicaid Services (CMS), Baltimore, MD 21244-1850, USA. Micah.Hartman@cms.hhs.gov

ABSTRACT
With each passing decade, health care has consumed a larger share of gross domestic product (GDP) and Federal budgets. By the 2000-2004 period, society was willing to devote over 20 percent of the cumulative increase in GDP and the cumulative increase in Federal outlays towards health care. The financing challenges are expected to become more acute for private payers as well as Federal, State, and local budgets. With the implementation of Part D in 2006, the U.S. Office of Management and Budget projects that Federal budget pressures will heighten, bringing increased attention to Medicare's long-term fiscal outlook.

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Federal Medicaid Expenditure Share of Total Federal Outlays: Federal Fiscal Years 1980-2011
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f3-hcfr-28-1-041: Federal Medicaid Expenditure Share of Total Federal Outlays: Federal Fiscal Years 1980-2011

Mentions: Like Federal Medicare spending, Federal Medicaid expenditures have consumed an increasing share of the Federal budget. In fact, the Federal Medicaid share of total Federal spending tripled from FYs 1980-2005, from 2.4 to 7.4 percent (Figure 3). During that time, Federal Medicaid spending grew an average of 10.8 percent annually, compared with the Federal budget's average annual growth of 5.9 percent (U.S. Office of Management and Budget, 2006b).


Monitoring health spending increases: incremental budget analyses reveal challenging tradeoffs.

Hartman M, Smith C, Heffler S, Freeland M - Health Care Financ Rev (2006)

Federal Medicaid Expenditure Share of Total Federal Outlays: Federal Fiscal Years 1980-2011
© Copyright Policy
Related In: Results  -  Collection

Show All Figures
getmorefigures.php?uid=PMC4194975&req=5

f3-hcfr-28-1-041: Federal Medicaid Expenditure Share of Total Federal Outlays: Federal Fiscal Years 1980-2011
Mentions: Like Federal Medicare spending, Federal Medicaid expenditures have consumed an increasing share of the Federal budget. In fact, the Federal Medicaid share of total Federal spending tripled from FYs 1980-2005, from 2.4 to 7.4 percent (Figure 3). During that time, Federal Medicaid spending grew an average of 10.8 percent annually, compared with the Federal budget's average annual growth of 5.9 percent (U.S. Office of Management and Budget, 2006b).

Bottom Line: With each passing decade, health care has consumed a larger share of gross domestic product (GDP) and Federal budgets.The financing challenges are expected to become more acute for private payers as well as Federal, State, and local budgets.With the implementation of Part D in 2006, the U.S. Office of Management and Budget projects that Federal budget pressures will heighten, bringing increased attention to Medicare's long-term fiscal outlook.

View Article: PubMed Central - PubMed

Affiliation: Office of the Actuary, Centers for Medicare & Medicaid Services (CMS), Baltimore, MD 21244-1850, USA. Micah.Hartman@cms.hhs.gov

ABSTRACT
With each passing decade, health care has consumed a larger share of gross domestic product (GDP) and Federal budgets. By the 2000-2004 period, society was willing to devote over 20 percent of the cumulative increase in GDP and the cumulative increase in Federal outlays towards health care. The financing challenges are expected to become more acute for private payers as well as Federal, State, and local budgets. With the implementation of Part D in 2006, the U.S. Office of Management and Budget projects that Federal budget pressures will heighten, bringing increased attention to Medicare's long-term fiscal outlook.

Show MeSH