The Health Economic Costs Moving from Adult EMPLOYER Sponsored Health Insurance to MEDICARE Coverage

Impact of Moving Older Adults from Employer Coverage to Medicare

Peterson-KFF’s recent brief “How Lowering the Medicare Eligibility Age Might Affect Employer-Sponsored Insurance Costs” explores potential percent reduction in employer health plan spending if all enrollees in age group leave large employer-sponsored coverage.

The brief found:

 •  Ages 60-64 would cause a 15% reduction
 •  Ages 55-64 would cause a 30% reduction
 •  Ages 50-64 would cause a 43% reduction

CITE: https://www.r2library.com/Resource/Title/0826102549

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Understanding Medicare options to help make confident ...

Source: Peterson-KFF Health System Tracker, “How Lowering the Medicare Eligibility Age Might Affect Employer-Sponsored Insurance Costs”

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Healthcare Costs Projected to Grow in 2022

Healthcare Costs Projected to Grow in 2022

Health Capital Consultants - Healthcare Valuation

A June 2021 PricewaterhouseCoopers (PwC) report found that healthcare costs have been on a steady decline for the past decade, but trailing effects from the COVID-19 pandemic could cause increases above anticipated rates over the next several years.

In 2007, the annual cost growth for healthcare spending was 11.9% and declined steadily until 2017, where it floated between 5.5% and 6.0% until 2020. However, projected healthcare cost growth for 2022 is expected to reach 6.5% due to factors such as deferred or forgone care, increased mental health issues, preparation for future pandemics, and investment in digital tools. (Read more...)

ASSESSMENT: Your thoughts are appreciated.

Citation: https://www.r2library.com/Resource/Title/0826102549

THANK YOU

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