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Medicare: FY2009 Budget Issues (CRS Report for Congress)

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Release Date Revised May 30, 2008
Report Number RL34359
Report Type Report
Authors Hinda Chaikind, Jim Hahn, Gretchen A. Jacobson, Paulette C. Morgan, Jennifer O'Sullivan, Holly Stockdale, Julie Stone, and Sibyl Tilson, Domestic Social Policy Division
Source Agency Congressional Research Service
Older Revisions
  • Premium   Feb. 6, 2008 (31 pages, $24.95) add
Summary:

The President's 2009 budget estimates current law Medicare net outlays of $413billion in FY2009. The budget includes Medicare legislative proposals withestimated savings of $12.2 billion in FY2009 and $178 billion over the five-yearbudget window. The President's budget also includes Medicare administrativeproposals with estimated savings of $645 million in FY2009 and $4.7 billion overthe five-year budget window, which brings the estimated savings from the totalMedicare budget proposals to $12.8 billion in FY2009 and $183 billion over the fiveyearbudget window. Proposals include savings achieved through reductions in manyof the Medicare payment updates.