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Total Medicare spending 1970-2012

 

Total Medicare spending from 1970 to 2012 (in billion U.S. dollars)*

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United States Source: CMS


© Statista 2013

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This statistic depicts total Medicare spending from 1970 to 2012. In 1970, some 7.1 billion U.S. dollars were spent on the Medicare program in the United States. Forty years later, this figure stood at some 521 billion U.S. dollars.

Statistic Information
 
Survey
Survey time period 1970 to 2012
Object of investigation Total Medicare spending
Region United States
Macroregion North-America only
Type time series
Category capital asset/cost
Relevance 4
Release
Published by CMS
Release date May 2013
Further information * Data are for fiscal years.
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