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Presentation slides / financial analysis report
File Size:
2 MB
Summary
Two pages of presentation slides (numbered 97 and 98) from a report titled 'USA Inc. | Income Statement Drilldown' produced by KPCB. The document analyzes Medicaid statistics from 1966 to 2009, highlighting significant increases in enrollment (up 12x) and payments per beneficiary (up 4x). The document bears a 'HOUSE_OVERSIGHT_020890' Bates stamp, suggesting it was part of materials reviewed during a congressional investigation.
Organizations (4)
Locations (1)
| Location | Context |
|---|---|
Key Quotes (3)
"Medicaid: Enrollment Is Up 12x to 49 Million While Annual Payments per Beneficiary Are Up 4x to $5K From 1966 to 2009"Source
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Quote #1
"1 in 50 Americans received Medicaid, now 1 in 6 Americans receives Medicaid."Source
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Quote #2
"49 million ... Americans (16% of population) received an average of $4,684 in tax-payer funded payments"Source
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Quote #3
Full Extracted Text
Complete text extracted from the document (1,711 characters)
Medicaid: Enrollment Is Up 12x to 49 Million While Annual Payments per Beneficiary Are Up 4x to $5K From 1966 to 2009
Real Annual Medicaid Payments per Beneficiary & Enrollment, 1966 - 2009
[Chart Y-Axis Left: Payments per Beneficiary ($/year) $0 - $5,000]
[Chart Y-Axis Right: Enrollment (MM) 0 - 50]
[Chart Legend: Enrollment (bar), Annual Benefits per Enrollee (line)]
[Chart X-Axis: 1966, 1970, 1974, 1978, 1982, 1986, 1990, 1994, 1998, 2002, 2006]
[Chart Y-Axis Right: Enrollment (MM) 0 - 50]
[Chart Legend: Enrollment (bar), Annual Benefits per Enrollee (line)]
[Chart X-Axis: 1966, 1970, 1974, 1978, 1982, 1986, 1990, 1994, 1998, 2002, 2006]
KPCB
www.kpcb.com
Note: Data are inflation adjusted. Source: Dept. of Health & Human Services.
USA Inc. | Income Statement Drilldown 97
www.kpcb.com
Note: Data are inflation adjusted. Source: Dept. of Health & Human Services.
USA Inc. | Income Statement Drilldown 97
Medicaid: Observations
• 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.
• 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.
• 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.
• 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.
• 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.
KPCB
www.kpcb.com
Note: Data are inflation adjusted. Source: Dept. of Health & Human Services.
USA Inc. | Income Statement Drilldown 98
HOUSE_OVERSIGHT_020890
www.kpcb.com
Note: Data are inflation adjusted. Source: Dept. of Health & Human Services.
USA Inc. | Income Statement Drilldown 98
HOUSE_OVERSIGHT_020890
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