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OFFICE OF THE ACTUARY

OFFICE OF THE ACTUARY. The Financial Status of Medicare Presentation for the American Enterprise Institute June 3, 2013. Paul Spitalnic, ASA Acting Chief Actuary. Medicare enrollment, benefits, and financing. 2012 Medicare experience ($ billions).

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OFFICE OF THE ACTUARY

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  1. OFFICE OF THE ACTUARY The Financial Status of Medicare Presentation for the American Enterprise Institute June 3, 2013 Paul Spitalnic, ASA Acting Chief Actuary

  2. Medicare enrollment, benefits, and financing

  3. 2012 Medicare experience ($ billions)

  4. Amount of deficit that would be covered by interest earnings and asset redemptions

  5. 75-year actuarial balance • Present value of income rate less cost rate • Rates compare income or costs to taxable payroll

  6. Factors of change in 75-year actuarial balance

  7. SMI change from 2012 report

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