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Tuesday, March 23, 2010

Breakdown of Medicare Expenditures

Breakdown of Medicare Expenditures by Veronique de Rugy, a senior research fellow at The Mercatus Center at George Mason University

In light of the health care vote last Sunday night, March 21, 2010, this chart on the breakdown of Medicare expenditures is particularly relevant and interesting.

The author of the chart is Veronique de Rugy, a senior research fellow at The Mercatus Center at George Mason University. According to the university, she “was previously a resident fellow at the American Enterprise Institute, a policy analyst at the Cato Institute, and a research fellow at the Atlas Economic Research Foundation. Her research interests include the federal budget, homeland security, taxation, tax competition, and financial privacy issues.

“She writes a column for Reason magazine and is a regular contributor to The American, AEI's online magazine. She also blogs at The Corner at National Review Online and at Big Government. She is the editor of the Mercatus publication series Mercatus on Policy.”

In the chart Dr. de Rugy uses data from the Social Security Administration to illustrate long-term projections of Medicare revenues from premiums and payroll taxes (blue); along with projected transfers into Medicare from the federal government (red) and the projected deficits in Medicare’s Hospital Insurance Fund (orange); when summed these components add up to total long-term Medicare expenditures.

For more information contact kevindayhoff@gmail.com and I’ll forward your e-mail to Dr. de Rugy’s contact person.

Other Publications by Veronique de Rugy

Breakdown of Medicare Expenditures
Veronique de Rugy Mar 19, 2010
This chart by Mercatus Center senior research fellow Veronique de Rugy uses data from the Social Security Administration to illustrate long-term Medicare expenditures.

Debt Held by the Public Reaches 60%
13 Years Ahead of Schedule
Veronique de Rugy Mar 15, 2010
This chart compares Congressional Budget Office long-term projections of the debt held by the public from 2010 with long-term projections calculated in 2007.

Entitlement Spending Explodes
Veronique de Rugy Mar 08, 2010
This chart by Veronique de Rugy illustrates the Congressional Budget Office’s long-term baseline projections of federal spending.

Recession Employment Trends
Veronique de Rugy Mar 01, 2010
This chart compares the changes in public and private sector employment which have occurred during the past two years.

Components of the Debt
Veronique de Rugy Feb 22, 2010
This week, Mercatus Center Senior Research Fellow Veronique de Rugy examines the composition of the debt and the significance of each of its components.

Public vs. Private Unemployment
Veronique de Rugy Feb 15, 2010
Since January 2009, employment has decreased in the private sector at an average rate of 0.3% each month; this is 6 times faster than employment decreased in government.

Long Term Spending Continues to Increase
Veronique de Rugy Feb 08, 2010
Spending is projected to remain well above long term average rates of government spending, both now and into the future.

2011 Estimated Federal Spending
Veronique de Rugy Feb 01, 2010
Mercatus Center Senior Research Fellow Veronique de Rugy suggests that in order for America’s fiscal issues to be seriously addressed, broader measures than those discussed in the president's State of the Union address will be required.

Workers Exit the Labor Force in Droves
Veronique de Rugy Jan 25, 2010
Using data from the Obama administration’s website Recovery.gov and the Bureau of Labor Statistics, this chart shows the month-over-month changes in the number of unemployed workers and members of the civilian labor force in tandem with the administration’s stimulus spending.

National Healthcare Expenditures
Veronique de Rugy Jan 18, 2010
Consumers’ out-of pocket spending on healthcare has decreased steadily as a percentage of the United States’ overall healthcare spending since the passage of Medicare in 1965 from its peak of 43% in 1965.

20100323 sdosm Mercatus Ctr at George Mason Univ Medicare Chart