Usgovernmentspending.com has updated its estimate of Medicare Part C, the Medicare Advantage program using data in the Medicare Trustees Report of 2017 that was released June 5, 2018. You can see the results here.
The Budget of the United States Government reports Medicare outlays as a single line item, subfunction 571 in Historical Table 3.2, but Usgovernmentspending.com shows a breakdown of the Medicare program into its constituent parts, as follows:
You can inspect the extracted data from Medicare Trustees Reports Table IV.C2 here. And see the blog entry that introduced the Medicare Part C breakout to usgovernmentspending.com here.
Here is a breakdown of Medicare budgeted outlays for 2020 before and after today's update.
The Budget of the United States Government reports Medicare outlays as a single line item, subfunction 571 in Historical Table 3.2, but Usgovernmentspending.com shows a breakdown of the Medicare program into its constituent parts, as follows:
- Part A: Hospital Insurance
- Part B: Supplementary Medical Insurance
- Part C: Medicare Advantage
- Part D: SMI Drug Plan
You can inspect the extracted data from Medicare Trustees Reports Table IV.C2 here. And see the blog entry that introduced the Medicare Part C breakout to usgovernmentspending.com here.
Here is a breakdown of Medicare budgeted outlays for 2020 before and after today's update.
Outlays in percent GDP | Part A | Part B | Part C | Part D | Total Medicare |
FY2020 before update | 0.91 | 0.78 | 1.00 | 0.37 | 3.00% GDP |
FY2020 after update | 0.88 | 0.75 | 1.05 | 0.37 | 3.00% GDP |
The update indicates a 5 percent increase in Medicare Part C over the previous estimate in the Medicare Trustees Report in 2017.
No comments:
Post a Comment
If you have a question or a comment, email to chrischantrill@gmail.com.
Note: Only a member of this blog may post a comment.