Medicaid – As of June 2023 92,614,205 individuals were enrolled in Medicaid and CHIP in the 50 states and the District of Columbia.
KFF – Medicaid Financing: Medicaid spending (not including administrative costs) totaled $728 billion in federal fiscal year (FFY) 2021 (Figure 1).
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.
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
Significant additional benefits would accrue to states through reductions in Medicaid / CHIP outlays.
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Medicare – As of March 2023, there were 65,748,297 people enrolled in Medicare,
Medicare Advocacy reported, Apr 6, 2023, that “the Medicare Trustees released their annual report on the financial status of Medicare’s trust funds, projecting that the Hospital Insurance (HI) trust fund will be partially depleted and able to pay only 89% of benefits in 2031. This projected date is three years later than in last year’s report.
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 65.748 million Americans enrolled in Medicare as of Mar 2023. Conservative growth projected at 4.0% annually through 2030.
For the 5-year target period (2024 – 2028)
2023: 65.75 X .8 X $6,000 = $315,600,000
2024: 68.38 X .8 X $6,000 = $328,224,000
2025: 71.12 X .8 X $6,000 = $341,376,000
2026: 73.96 X .8 X $6,000 = $355,008,000
2027: 76.92 X .8 X $6,000 = $369,216,000
2028: 79.99 X .8 X $6,000 = $383,985,000
Total Medicare recapture during the 5-year target period (2024-2028): $1.778 trillion
Note: Medicare Part D prescription events per year: 1.8 billion. An 80% participation rate would result in 1.44 billion prescriptions being paid for directly with an MSA debit card. Star ratings for pharmacies would cease to be a burdening factor for these prescription events. Low income subsidies for Part D plans would also undergo a significant reduction in outlays.
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Social Security – The Social Security trust funds, relied on by approximately 67 million American beneficiaries, are scheduled to be depleted in 2034 ,
The Social Security trust funds are comprised of two financial accounts in the U.S. Treasury. The Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement and survivors benefits; the Disability Insurance (DI) Trust Fund pays disability benefits.
The Leviticus 25 Plan, which specifies that participants will not be eligible for SSDI benefits, will save the Social Security Administration $665 billion over the first five years of activation (2024-2028). The Plan assumes 80% participation.
Number, average, and total monthly benefits, December 2022:
8,741,000 recipients; Total annual SSDI payments, December 2022: ~$142.248 billion.
SSDI received an 8.7% Cost of Living Adjustment (COLA) for 2023. This projection assumes a conservative 2% growth per year for 2024-2028.
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
The Leviticus 25 Plan will also boost the number of Americans working and paying into the Social Security trust funds and provide significant strides toward solvency over the coming two decades.
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The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens. It is a comprehensive plan with long-term economic and social benefits for citizens and government.
The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.
The Leviticus 25 Plan – An Economic Acceleration Plan for America
$90,000 per U.S. citizen – Leviticus 25 Plan 2023 (7435 downloads)
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October 2023 quote: “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” – Buckminster Fuller
