June 6, 2015
Center faculty offer expertise on Medicare’s future
In a new report, Roybal Center faculty use the Future Elderly Model (FEM) to generate a snapshot of changing Medicare demographics and spending between 2010 and 2030. During this period, the baby boomers, who began turning 65 and aging into Medicare in 2011, will drive Medicare demographic changes, swelling the estimated U.S. population aged 65 or older from 39.7 million to 67.0 million. Fueled by demographic and health shifts, the FEM predicts that Medicare spending will more than double to $1.2 trillion by 2030.
This report was presented by the Center Director, Dana P. Goldman, at the joint USC and Brookings Institution “Strengthening Medicare for 2030” forum in Washington, D.C., on June 5.