Table 5.
Relative Change to Status Quo |
Absolute Change to Status Quo |
|||
---|---|---|---|---|
Year | Year | |||
2030 | 2050 | 2030 | 2050 | |
Population size (Million) | 0.4% | 1.2% | 0.51 | 1.77 |
Population 65+ (Million) | 0.7% | 2.1% | 0.47 | 1.71 |
Prevalence of selected conditions | ||||
Obese 3 (BMI >=40) (%) | −78.1% | −79.6% | −0.08 | −0.12 |
Obese 2 (35 <= BMI < 40)(%) | −67.7% | −68.5% | −0.09 | −0.10 |
Obese 1 (30 <= BMI < 35)(%) | −26.3% | −19.2% | −0.07 | −0.05 |
Overweight (25<=BMI<30) (%) | 33.4% | 47.8% | 0.10 | 0.13 |
Diabetes | −9.8% | −12.8% | −0.03 | −0.04 |
Heart disease | −2.1% | −3.0% | −0.01 | −0.01 |
Hypertension | −1.7% | −2.0% | −0.01 | −0.01 |
Public revenues from age 51+ ($bn) | ||||
Federal personal income taxes | 0.4% | 0.6% | 1.31 | 2.27 |
Social security payroll taxes | 0.4% | 0.5% | 0.40 | 0.65 |
Medicare payroll taxes | 0.4% | 0.5% | 0.09 | 0.15 |
Total Revenue Effect | 0.4% | 0.6% | 1.80 | 3.07 |
Public expenses from age 51+ ($bn) | ||||
Old Age and Survivors Insurance benefits (OASI) | 0.5% | 1.6% | 5.90 | 27.05 |
Disability Insurance benefits (DI) | −1.3% | −1.7% | −0.70 | −1.36 |
Supplementary Security Income (SSI) | 0.3% | 1.6% | 0.11 | 0.96 |
Medicare costs% | −1.8% | −1.9% | −17.65 | −28.51 |
Medicaid costs% | −1.4% | −0.6% | −4.72 | −3.67 |
Medicare + Medicaid | −1.7% | −1.5% | −22.37 | −32.17 |
Total Exependiture Effect | −0.7% | −0.1% | −17.06 | −5.53 |
Net Revenue Effect | 0.9% | 0.3% | 18.86 | 8.60 |
Total medical cost for age 51+ ($bn) | −1.4% | −1.2% | −34.07 | −45.02 |
Net social value ($bn) | 53.5 | 283.7 |
Notes: Table reports the effect relative to status quo for the extended eligibility scenario. Both relative (%) and absolute ($) changes reported. The net fiscal effect is defined as the change in total revenue minus the change in total public expenditures (excluding private medical expenditures)