Kaiser Family Foundation Releases Facts on Medicare Spending and Financing
According to a new issue brief by the Kaiser Family Foundation (KFF), the growth in total Medicare spending between 2010 and 2015 (4.4 percent) was notably lower than spending between 2000 and 2010 (9 percent). Even more remarkable, spending in the Medicare program has slowed even as enrollment in Medicare since 2011 has increased with baby boomers becoming eligible. Additionally, the average growth in spending per beneficiary each year was only 1.4 percent between 2010 and 2015, which is considerably lower than average spending growth of 7.4 percent between 2000 and 2010.