Long-term Forecast of Medicaid Enrollment Spending in Alaska:
Long-term Forecast of Medicaid Enrollment Spending in Alaska:
Long-term Forecast of Medicaid Enrollment Spending in Alaska:
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TABLE OF FIGURES<br />
Figure 1: Total <strong>Medicaid</strong> spend<strong>in</strong>g <strong>in</strong> 2029 will reach $3.6 billion 1<br />
Figure 2: <strong>Alaska</strong>’s total spend<strong>in</strong>g growth is projected to be lower than the national average 4<br />
Figure 3: <strong>Enrollment</strong> growth slows down over time. The elderly rema<strong>in</strong> the fastest‐grow<strong>in</strong>g group 8<br />
Figure 4: <strong>Enrollment</strong> <strong>in</strong>creases are projected to be modest 9<br />
Figure 5: Percentage <strong>of</strong> enrollees who are elderly will <strong>in</strong>crease <strong>in</strong> the future 10<br />
Figure 6: Growth <strong>in</strong> total spend<strong>in</strong>g will slow down with time 12<br />
Figure 7: By 2029, claims spend<strong>in</strong>g for each age group will converge 12<br />
Figure 8: Each elderly enrollee costs about four times as much as a child 13<br />
Figure 9: Total spend<strong>in</strong>g <strong>in</strong> 2029 will be almost four times the 2009 value 13<br />
Figure 10: Growth <strong>in</strong> total spend<strong>in</strong>g has slowed dramatically <strong>in</strong> recent years 14<br />
Figure 11: <strong>Spend<strong>in</strong>g</strong> on <strong>Long</strong>‐<strong>term</strong> Care services will <strong>in</strong>crease as a share <strong>of</strong> total spend<strong>in</strong>g 15<br />
Figure 12: Home and Community Based Waivers and Personal Care are the fastest grow<strong>in</strong>g service<br />
categories 16<br />
Figure 13: Inflation accounts for the largest part <strong>of</strong> <strong>in</strong>creased claims spend<strong>in</strong>g 17<br />
Figure 14: After stimulus funds end <strong>in</strong> December 2010 and the FFP changes, state and federal spend<strong>in</strong>g<br />
growth rates are roughly equal 19<br />
<strong>Long</strong> Term <strong>Forecast</strong> <strong>of</strong> <strong>Medicaid</strong> <strong>Enrollment</strong> and <strong>Spend<strong>in</strong>g</strong> <strong>in</strong> <strong>Alaska</strong>: 2009‐2029<br />
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