Table G.1.
Pharmacotherapy Cohort Simulation Results
| Current Eligibility | Expanded Eligibility | |||||
|---|---|---|---|---|---|---|
| Baseline | Intervention | Effect | Baseline | Intervention | Effect | |
| Disability free life expectancy | 21.94 | 22.09 | 0.16 | 22.78 | 22.82 | 0.04 |
| Life expectancy | 29.68 | 29.76 | 0.09 | 29.64 | 29.67 | 0.04 |
| Medical costs ($2010) | ||||||
| Medicare | 133 845 | 133 684 | −161 | 123 610 | 123 400 | −210 |
| Medicaid | 50 117 | 50 095 | −22 | 45 877 | 45 825 | −52 |
| Private Medical Cost | 162 745 | 162 585 | −160 | 151 983 | 151 783 | −200 |
| Total | 346 707 | 346 364 | −343 | 321 470 | 321 007 | −462 |
| Other fiscal outcomes ($2010) | ||||||
| Tax Revenue | 79 426 | 79 534 | 107 | 84 092 | 84 134 | 41 |
| SSI, DI, OASI | 125 162 | 125 517 | 355 | 134 154 | 134 320 | 166 |
| Earnings | 231 060 | 231 360 | 300 | 238 000 | 238 091 | 91 |
Notes: averages from 1000 simulations of the projection for a cohort entering at age 50 in 2010. Real discount rate is 3%. All amounts in $2010 dollars. SSI = Supplemental Security Income, DI = Disability insurance, OASI = old-age social insurance. Private medical costs cover other costs not covered by Medicare and Medicaid (e.g. costs covered by employer). Please refer to text for definition of current and expanded eligibility.