Medicaid: Enrollment Is Up 12x to 49 Million While Annual Payments per
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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
=
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& $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
HOUSE_OVERSIGHT_020890
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