Subject category:
Economics, Politics and Business Environment
Published by:
IBS Case Development Center
Length: 13 pages
Data source: Published sources
Share a link:
https://casecent.re/p/54670
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Abstract
The US Federal Government has proposed to reduce its share in Medicaid expenditure to cut its fiscal deficits, and the States are reeling under huge health care budgets that are twice the expenditure on education. Meanwhile, as 40 million baby boomers age in the US, the focus of Medicaid''s funding shifts from medical expenses on poor mothers and children for providing custodial care, to the elderly and disabled. With Medicaid estimated to spend $444 billion a year by 2010, its survival is in question. This case study enables a discussion on the funding of the Medicaid programme, the changing landscape of its beneficiaries and the strategies required to keep its costs under control.
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Abstract
The US Federal Government has proposed to reduce its share in Medicaid expenditure to cut its fiscal deficits, and the States are reeling under huge health care budgets that are twice the expenditure on education. Meanwhile, as 40 million baby boomers age in the US, the focus of Medicaid''s funding shifts from medical expenses on poor mothers and children for providing custodial care, to the elderly and disabled. With Medicaid estimated to spend $444 billion a year by 2010, its survival is in question. This case study enables a discussion on the funding of the Medicaid programme, the changing landscape of its beneficiaries and the strategies required to keep its costs under control.