The Leviticus 25 Plan Generates $619.5 Billion Federal Budget Surpluses Annually (2024-2028). Part 3: Medicaid, Medicare, VA, TRICARE, FEHB, SSDI Recapture.

$619.5 Billion Federal Budget Surpluses Annually (2024-2028) – Medicaid, Medicare, VA, TRICARE, FEHB, SSDI Recapture.

5. Medicaid/CHIP Recapture

Each U.S. citizen participating in The Plan will receive a $30,000 deposit, funded through a Federal Reserve-based Citizens Credit Facility, into a personal Medical Savings Account (MSA).

The Leviticus 25 Plan assumes 80% participation by Medicaid / CHIP enrollees.

Within this comprehensive economic plan, The U.S. Health Care Freedom Plan provides

Medical Savings Account (MSA) funding of $30,000 to cover the $6,000 deductible for Medicaid and CHIP eligible primary care events and select out-patient care services – primarily related to routine medical appointments, Medicaid prescription events, disease state monitoring clinics, and other desired primary care services.

September 2022 Medicaid & CHIP Enrollment – 90,933,769 individuals were enrolled in Medicaid and CHIP in the 50 states and the District of Columbia that reported enrollment data for September 2022. 83,901,601 individuals were enrolled in Medicaid. 7,032,168 individuals were enrolled in CHIP.

The 90,933,769 enrollment level represents an increase of 7,318,992 (8.85%) from the July 2021 enrollment of 83,614,777 individuals.

Using a conservative estimate of 90.5 million for 2023, with a projected annual growth rate of 2%:

2023:  90.5 million

2024:  92.3 million

2025:  94.1 million

2026:  96.0 million

2027:  97.9 million

2028:  99.8 million

Total:  480.1 million receiving benefits 2024-2028

Average annual enrollment (2024-2028): 96.0 million

96.0 million X .8 = 76.8 million X $6,000/year X 5 years = $2.304 trillion

Total Medicaid/CHIP recapture during the 5-year target period (2024-2028):  $2.304 trillion 

Source(s): https://www.medicaid.gov/medicaid/program-information/medicaid-and-chip-enrollment-data/report-highlights/index.html

Note:  The potential savings of $2.304 trillion do not take into account the likelihood of additional savings from individuals no longer being eligible, due to their improving financial status.

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6.  Medicare Recapture

Each U.S. citizen participating in The Plan will receive a $30,000 deposit, funded through a Federal Reserve-based Citizens Credit Facility, into a personal Medical Savings Account (MSA).

The Leviticus 25 Plan assumes 80% participation by Medicare enrollees.

Within this comprehensive economic plan, The U.S. Health Care Freedom Plan provides

Medical Savings Account (MSA) funding of $30,000 to cover the $6,000 deductible for Medicare-eligible primary care events and select out-patient services – primarily related to routine medical appointments, Medicare Part D prescription events, disease state monitoring clinics, and other desired primary care services.

There were 63.964 million Americans enrolled in Medicare as of Oct 2021.  Conservative growth projected at 4.0% annually through 2030.       

For the 5-year target period (2024 – 2028)

2022:  63.96 X .8 X $6,000 = $307,088,000

2023:  66.51 X .8 X $6,000 = $319,248,000

2024:  69.17 X .8 X $6,000 = $332,016,000

2025:  71.94 X .8 X $6,000 = $353,312,000

2026:  74.81 X .8 X $6,000 = $359,088,000

2027:  77.80 X .8 X $6,000 = $373,440,000

2028:  80.91 X .8 X $6,000 = $388,368,000

Total Medicare recapture during the 5-year target period (2024-2028):  $1.806 trillion 

Source(s):  CMS Fast Facts (ZIP)

Medicare – As of October 2021, the total Medicare enrollment is 63,964,675. Original Medicare enrollment is 36,045,321, and Medicare Advantage and Other Health Plan enrollment is 27,919,354. This includes enrollment in Medicare Advantage plans with and without prescription drug coverage. Medicare Part D enrollment is 49,141,158, which includes enrollment in stand-alone prescription drug plans as well as Medicare Advantage plans that offer prescription drug coverage. This enrollment information is updated monthly and can be viewed here: https://data.cms.gov/summary-statistics-on-beneficiary-enrollment/medicare-and-medicaid-reports/medicare-monthly-enrollment.

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7.  VA Healthcare

The Leviticus 25 Plan assumes 80% participation by Veterans Administration healthcare enrollees.  Within this comprehensive structure, The U.S. Health Care Freedom Plan provides Medical Savings Account (MSA) funding of $30,000, through a Federal Reserve-based Citizens Credit Facility, to cover annual $6,000 deductibles over the course of the 5-year target period (2023-2027). The plan assumes no growth in enrollment.

For the year 2022 there were 9.2 million enrollees in the VA health care system.

Approximately 9.2 million X 0.8 X $6,000 = $44.160 billion annual recapture

$44.16 billion/year X 5 years = $220.8 billion

Total recapture 2024-2028:  $220.8 billion

Source:  https://www.va.gov/vetdata/docs/Quickfacts/Stats_at_a_glance_9_30_21.PDF                                                                                            

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8.  TRICARE

The Leviticus 25 Plan assumes 80% participation by TRICARE enrollees.

Through The U.S. Health Care Freedom Plan, participating members will receive a Medical Savings Account (MSA) funding injection of $30,000, through a Federal Reserve-based Citizens Credit Facility, to cover annual $6,000 deductibles for desired primary care and out-patient services over the course of the 5-year target period (2024-2028).

There are currently 9.6 million U.S. citizen beneficiaries in various locations worldwide.

Recapture – total (2024-2028):  9.6 million X 0.8 X $6,000 X 5 years:  $230.4 billion

Source:  https://www.tricare.mil/About/Facts

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8.  Federal Employee Health Benefits (FEHB)

The Leviticus 25 Plan assumes 80% participation by FEHB enrollees.

Participating members will receive a Medical Savings Account (MSA) funding injection of $30,000, through a Federal Reserve-based Citizens Credit Facility, to cover annual $6,000 deductibles for desired primary care and out-patient services over the course of the 5-year target period (2024-2028).

There are currently 9.0 million U.S. citizen FEHB beneficiaries.  Note – the Federal government also pays approximately 72% of premium costs per enrollee.

Recapture – total (2024-2028):  9.0 million X 0.8 X $6,000 X 5 = $216.0 billion

Source: Federal Employees Health Benefits (FEHB) Facts – OPM | https://www.opm.gov › pamphlets

The FEHB Program is the largest employer-sponsored group health insurance program in the world, covering almost 9 million people including employees, annuitants …

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9.  Social Security Disability Income (SSDI)

The Leviticus 25 Plan specifies that participants will not be eligible for SSDI benefits.

The Plan assumes 80% participation.

Number, average, and total monthly benefits, December 2020:  9,907,536

Total annual SSDI payments, December 2022: ~$142.248 billion. SSDI will receive an 8.7% Cost of Living Adjustment (COLA) for 2023.  This projection assumes a conservative 2% growth per year for 2024-2028.

2022:  $142.248 billion

2023:  $154.623 billion (includes 2023 8.7% COLA)

2024:  $159.715 billion

2025:  $162.909 billion

2026:  $166.169 billion

2027:  $169.492 billion

2028:  $172.881 billion

Total:  $831.166 billion / Average per year: $166.233 billion

Total for 5-year target period 2024-2028:

Plan assumes 80% participation – recapture:  $831.166 billion X 0.8 = $664.933 billion

Source(s): Social Security Benefits Dec 2022 – Disability Insurance https://www.ssa.gov/policy/docs/quickfacts/stat_snapshot/

Recipients: 8,741 | Total monthly benefits (millions of dollars) $11.854 billion; Total annual benefits: $142.248 billion

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