Limits...
Medicare financial status, budget impact, and sustainability--which concept is which?

Foster RS, Clemens MK - Health Care Financ Rev (2009)

Bottom Line: These debates would be improved if policymakers and the public had a clearer understanding of Medicare and certain commonly cited views of the program's overall status.Each concept is important but needs to be used for its own purpose.This article clarifies the differences among these three views of Medicare and provides examples of each.

View Article: PubMed Central - PubMed

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

ABSTRACT
Medicare is continually undergoing change, as it must in order to reflect advances in medical technology, new health care delivery systems, financial pressures, and other developments. Modifications to the program are debated by policymakers in Congress and the administration, together with academic experts and others. These debates would be improved if policymakers and the public had a clearer understanding of Medicare and certain commonly cited views of the program's overall status. Three such concepts--the financial status of the Medicare trust funds, the impact of Medicare on the Federal budget, and the long-run sustainability of Medicare-are often confused with each other and are sometimes used interchangeably. Each concept is important but needs to be used for its own purpose. This article clarifies the differences among these three views of Medicare and provides examples of each.

Show MeSH

Related in: MedlinePlus

Medicare General Revenue as a Percent of Federal Income Tax Revenue: Selected Calendar Years, 2005-2075
© Copyright Policy
Related In: Results  -  Collection


getmorefigures.php?uid=PMC4195070&req=5

f5-hcfr-30-03-077: Medicare General Revenue as a Percent of Federal Income Tax Revenue: Selected Calendar Years, 2005-2075

Mentions: Figure 5 shows Medicare general revenue income as a share of Federal income tax revenue, if income taxes maintain their historical relationship with GDP. (From 1954 through 2003, total Federal individual and corporate income taxes averaged 10.9 percent of GDP. This relationship is assumed to continue indefinitely into the future.)


Medicare financial status, budget impact, and sustainability--which concept is which?

Foster RS, Clemens MK - Health Care Financ Rev (2009)

Medicare General Revenue as a Percent of Federal Income Tax Revenue: Selected Calendar Years, 2005-2075
© Copyright Policy
Related In: Results  -  Collection

Show All Figures
getmorefigures.php?uid=PMC4195070&req=5

f5-hcfr-30-03-077: Medicare General Revenue as a Percent of Federal Income Tax Revenue: Selected Calendar Years, 2005-2075
Mentions: Figure 5 shows Medicare general revenue income as a share of Federal income tax revenue, if income taxes maintain their historical relationship with GDP. (From 1954 through 2003, total Federal individual and corporate income taxes averaged 10.9 percent of GDP. This relationship is assumed to continue indefinitely into the future.)

Bottom Line: These debates would be improved if policymakers and the public had a clearer understanding of Medicare and certain commonly cited views of the program's overall status.Each concept is important but needs to be used for its own purpose.This article clarifies the differences among these three views of Medicare and provides examples of each.

View Article: PubMed Central - PubMed

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

ABSTRACT
Medicare is continually undergoing change, as it must in order to reflect advances in medical technology, new health care delivery systems, financial pressures, and other developments. Modifications to the program are debated by policymakers in Congress and the administration, together with academic experts and others. These debates would be improved if policymakers and the public had a clearer understanding of Medicare and certain commonly cited views of the program's overall status. Three such concepts--the financial status of the Medicare trust funds, the impact of Medicare on the Federal budget, and the long-run sustainability of Medicare-are often confused with each other and are sometimes used interchangeably. Each concept is important but needs to be used for its own purpose. This article clarifies the differences among these three views of Medicare and provides examples of each.

Show MeSH
Related in: MedlinePlus