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What Should Be Done About Medicare? Part I Ideas Changing the World John C. Goodman National Center for Policy Analysis.

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Presentation on theme: "What Should Be Done About Medicare? Part I Ideas Changing the World John C. Goodman National Center for Policy Analysis."— Presentation transcript:

1 What Should Be Done About Medicare? Part I Ideas Changing the World John C. Goodman National Center for Policy Analysis

2 Medicare’s Taxpayer Burden

3 Medicare Unfunded Liabilities $38T $23T Before PPACA After PPACA 75-Year Horizon

4 Medicare Unfunded Liabilities $89T $37T Before PPACA After PPACA

5 Medicare Payments to Doctors and Hospitals

6 Medicare Spending from the 2010 Trustees Report as a Percent of Spending from the 2009 Trustees Report Drugs Doctors Hospitals

7 Annual Reduction in Medicare Benefits Per Person Under the Affordable Care Act (2010 dollars) 2020203020402050

8 Medicare Benefits Lost Due to the Affordable Care Act (present value at age 65) Age 65Age 55 Age 45

9 Medicare Benefits as a Percent of Contributions* $2.69 $1.80 $1.26 $1.06 95¢ 88¢ 75¢ Age 85756550453525 * Premiums and payroll taxes and income taxes.

10 Medicare’s Taxpayer Burden

11 Ideas Changing the World


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