challenges and changes the next chapter in the health reform debate november 30, 2010
DESCRIPTION
Challenges and Changes The Next Chapter in the Health Reform Debate November 30, 2010 Joseph R. Antos, Ph.D. Wilson H. Taylor Scholar in Health Care and Retirement Policy American Enterprise Institute. Health programs drive the federal deficit. Federal spending as a percentage of GDP. - PowerPoint PPT PresentationTRANSCRIPT
Challenges and ChangesThe Next Chapter in the Health Reform Debate November 30, 2010
Joseph R. Antos, Ph.D.Joseph R. Antos, Ph.D.
Wilson H. Taylor Scholar in Health CareWilson H. Taylor Scholar in Health Care
and Retirement Policyand Retirement Policy
American Enterprise InstituteAmerican Enterprise Institute
AEI2
Federal spending as a percentage of GDP
Source: Author’s calculations based on CBO, “The Long-Term Budget Outlook,” December 2007.
AEI3
Source: CBO Long-Term Budget Outlook, June 2010
AEI4
Medicare/GDP (%)
Prior Law
Current Law
Alternative
11.18%
10.70%
6.37%
Source: www.cms.gov/ReportsTrustFunds/downloads/2010TRAlternativeScenario.pdf
AEI5
Tax Expenditure for Health, 2007
$251.3 B
$51.1 B
0
50
100
150
200
250
300
350
Tax breaks for private insurance
Source: JCT, Tax Expenditures for Health Care, July 30, 2008
$ Billions
Tax breaks for other health spending