Analysis of Medicare Spending by Age

According to a recent report by the Kaiser Family Foundation, people ages 80 and older accounted for 24% of the Traditional Medicare population and 33% of Traditional Medicare spending in 2011. Below is the distribution of Traditional Medicare beneficiaries and Medicare spending for 2011:

Medicare population ·         Age 80+ (24%) ·         Age 70-79 (32%) ·         Age 65-69 (26%) ·         Under age 65 (18%)

Medicare spending ·         Age 80+ (33%) ·         Age 70-79 (30%) ·         Age 65-69 (15%) ·         Under age 65 (22%)

Source: Kaiser Family Foundation