Wednesday, November 16, 2011

Medicaid Projected Expenditures

2012 260
2013 281
2014 340
2015 379
2016 415
2017 446
2018 477
2019 513

A projection for 2020 was not given in this report, but it does state that "Medicaid is expected to grow about 8.3 percent per year on average", pointing to an estimate of 550 billion for 2020.
Source: http://www.cms.gov/ActuarialStudies/downloads/MedicaidReport2010.pdf,
pg. 31, Federal expenditures

The report doesn't make any long-term assumptions, so I think it should use the 8.3% growth rate until it reaches 5.0% of GDP and then cap it.

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