2008 Actuarial Report on the Financial Outlook for Medicaid

October 17, 2008 The researchers sought to estimate spending and growth in the Medicaid program similar to the way that Medicare spending and growth is estimated. This report is the first annual estimate of projected growth in the Medicaid program. The researchers used a formula based on caseloads, utilization, and price to estimate growth and to project future spending. Medicaid is projected to grow as a share of the federal budget from 7.0% in 2007 to 8.4% by 2013. Average Medicaid enrollment is projected to increase by 1.8% to 50 million people by 2008, and increase by . . .