The document analyzes whether the increase in government spending on Medicare as the Baby Boomer generation retires is raising healthcare premiums for other groups. Data shows that the Medicare recipient population and government spending on Medicare are increasing. Analysis of expenditure data by state and healthcare category from 2006-2009 reveals that Medicare spending is growing faster than other healthcare spending. This suggests that the increase in Medicare spending is contributing to rising health insurance premiums for those under 65.

1. By: Sreyas Kulakarni, Connor McLarney, Artur
Muzyka, Taylor Peluso and Vasil Vasilev
As the Baby Boomer generation continues to retire, is the increase
in government spending on Medicare raising health care premiums
for everyone else?
Baby Boomers and Healthcare

2. Describe the Scenario
What question do you want to answer and why is it important?
US healthcare is world-class, but expensive for what it is. With an increased
aging population, the balance between elderly consuming care and working-
age taxpayers funding it is worsening. Medicare functions as a redistributor
between the two. So, the trajectory is troubling.

3. Describe the Data
Key elements?
● Medicare recipients population is increasing as more baby
boomers retire.
● Government spending on Medicare is increasing.
● Increase in premiums on other health insurances.

4. Describe Analysis and Results
Excel Chart:
- Shows the
increase in the
population of
people 65 and
over.
- There is an
increase in
each state
Expenditure Chart:
- Shows each
health care
category and
the amount at
which the
government
spends in each.
- There is an
increase in
every category
from 2006 to
2009.

5. Describe Analysis and Results
Percent Difference Chart:
- Percent Difference between
expenditures from 2006 to 2009
- Shows that Medicare expenditure is
growing at a faster rate than other
health care expenditure.
State Example:
- All our data showed the same trend for every state
- California has the largest population of people receiving
Medicare
- All Premiums are rising except for Medicare, which is actually
decreasing

6. Describe Conclusions
◉ Medicare expenditures are increasing
◉ Percent difference chart included every state
◉ Health Care premiums for individuals under 65 are rising
◉ Expenditure chart showed an increase in every category
◉ In Conclusion, Yes

7. References
Kaiser Family Foundation. (2006)(2009). Health Care Expenditures by State of Residence (in millions) [Data Set]. Retrieved from
http://www.kff.org/
Kaiser Family Foundation. (2013)(2015). Average Single Premium per Enrolled Employee For Employer-Based Health Insurance [Data Set].
Retrieved from http://www.kff.org/
Kaiser Family Foundation. (2013)(2015). Average Employee-Plus-One Premium per Enrolled Employee for Employer-Based Health
Insurance [Data Set]. Retrieved from http://www.kff.org/
Kaiser Family Foundation. (2013)(2015). Average Family Premium per Enrolled Employee For Employer-Based Health Insurance [Data Set].
Retrieved from http://www.kff.org/
Kaiser Family Foundation. (2011)(2013). Average Monthly Premiums Per Person in the Individual Market [Data Set]. Retrieved from
http://www.kff.org/
Kaiser Family Foundation. (2011)(2015). Total Number of Medicare Beneficiaries [Data Set]. Retrieved from http://www.kff.org/
Kaiser Family Foundation. (2006)(2009). Total Medicare Spending by State (in millions)[Data Set]. Retrieved from http://www.kff.org/
Kaiser Family Foundation. (2013)(2015). Medicare Advantage: Local Benchmarks (unweighted)[Data Set]. Retrieved from
http://www.kff.org/
Owen, S. (2017). What are some reasons why Medicare is bad for America?. Quora. Retrieved 24 April 2017, from
https://www.quora.com/What-are-some-reasons-why-Medicare-is-bad-for-America
United States Census Bureau. (2010). Profile of General Population and Housing Characteristics: 2010 [Data Science]. Retrieved from
https://factfinder.census.gov/faces/nav/jsf/pages/download_center.xhtml#none