This statistic depicts total Medicare spending from 1970 to 2017. 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.
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Total Medicare spending 1970-2017
Total Medicare spending from 1970 to 2017 (in billion U.S. dollars)*
This statistic depicts total Medicare spending from 1970 to 2017. 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.
Loading statistic...
| Total spending in billion U.S. dollars | |
|---|---|
| 1970 | 7.1 |
| 1975 | 14.8 |
| 1980 | 35 |
| 1985 | 71.4 |
| 1990 | 109.7 |
| 1995 | 180.1 |
| 2000 | 219.3 |
| 2005 | 336.9 |
| 2006 | 380.5 |
| 2007 | 434.8 |
| 2008 | 455.1 |
| 2009 | 498.3 |
| 2010 | 521.2 |
| 2011 | 560.3 |
| 2012 | 550.1 |
| 2013 | 581.7 |
| 2014 | 600.3 |
| 2015 | 638.1 |
| 2016 | 694.5 |
| 2017 | 707.4 |
| Total spending in billion U.S. dollars | |
|---|---|
| 1970 | 7.1 |
| 1975 | 14.8 |
| 1980 | 35 |
| 1985 | 71.4 |
| 1990 | 109.7 |
| 1995 | 180.1 |
| 2000 | 219.3 |
| 2005 | 336.9 |
| 2006 | 380.5 |
| 2007 | 434.8 |
| 2008 | 455.1 |
| 2009 | 498.3 |
| 2010 | 521.2 |
| 2011 | 560.3 |
| 2012 | 550.1 |
| 2013 | 581.7 |
| 2014 | 600.3 |
| 2015 | 638.1 |
| 2016 | 694.5 |
| 2017 | 707.4 |
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Description
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This statistic depicts total Medicare spending from 1970 to 2017. 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.
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- Release date
- July 2018
- Region
- United States
- Survey time period
- 1970 to 2017
- Supplementary notes
- * Data are for fiscal years.
- Open this statistic in...
More information
- Region
- United States
- Survey time period
- 1970 to 2017
- Supplementary notes
- * Data are for fiscal years.
- Open this statistic in...
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Statistics on "Medicare"
- Overview
The most important statistics
- Distribution of U.S. health care expenditure from 2014 to 2018, by payerU.S. health care expenditure distribution by payer 2014-2018
- Percentage of people covered by Medicare in the United States from 1990 to 2017Percentage of U.S. Americans covered by Medicare 1990-2017
- Characteristics of the Medicare population in 2017Characteristics of the Medicare population 2017
- Total Medicare income from 1970 to 2017 (in billion U.S. dollars)*Total Medicare income 1970-2017
- Estimated sources of Medicare revenue in 2017*Estimated Medicare revenue sources 2017
- Total Medicare assets at year-end from 1970 to 2017 (in billion U.S. dollars)Total Medicare assets at year-end 1970-2017
- Spending/costs
The most important statistics
- Spending distribution of Medicare and Medicaid in the United States in 2016*Spending distribution of Medicare and Medicaid in the U.S. 2016
- Total Medicare spending from 1970 to 2017 (in billion U.S. dollars)*Total Medicare spending 1970-2017
- Medicare benefit payments by type of service in 2007 and 2017Medicare benefit payments by type of service 2007 vs 2017
- Distribution of Supplementary Medical Insurance (SMI) Medicare benefit payments from 2015 to 2017*Supplementary Medical Insurance Medicare benefit payments 2015-2017
- Distribution of Hospital Insurance (HI) Medicare benefit payments from 2015 to 2017*Hospital Insurance Medicare benefit payments 2015-2017
- Top U.S. not-for-profit hospitals by Medicare patient charges as of 2016 (in billion U.S. dollars)*Leading U.S. not-for-profit hospitals by Medicare patient charges 2016
- Top 10 traditional therapy classes in the U.S. by Medicare per-member-per-year (PMPY) spending in 2016 (in U.S. dollars)*Leading medical traditional therapy areas by Medicare PMPY spending 2016
- Enrollment/beneficiaries
The most important statistics
- Enrollment in the Medicare program from 1966 to 2017, by type of beneficiary (in millions)Medicare level of beneficiaries by type of beneficiary 1966-2017
- Distribution of Medicare beneficiaries in 2017, by ethnicityDistribution of Medicare beneficiaries 2017, by ethnicity
- Distribution of Medicare beneficiaries in 2015 and 2016, by federal poverty levelDistribution of Medicare beneficiaries 2015 and 2016, by federal poverty level
- Top 10 U.S. states based on Medicare beneficiaries as a percentage of total population in 2016Top U.S. states by Medicare beneficiaries as a percentage of total population 2016
- Top 10 U.S. states based on number of Medicare beneficiaries in 2016Top U.S. states by number of Medicare beneficiaries 2016
- Infrastructure
The most important statistics
- Number of Medicare hospital facilities in the U.S. from 1967 to 2016*Medicare - number of hospital facilities in the U.S. 1967-2016
- Total number of Medicare hospital beds in the U.S. from 1967 to 2016*Medicare - total number of hospital beds in the U.S. 1967-2016
- Number of Medicare skilled nursing facilities in the U.S. from 1967 to 2016*Medicare - number of skilled nursing facilities in the U.S. 1967-2016
- Number of Medicare home health agencies in the U.S. from 1967 to 2016*Medicare - number of home health agencies in the U.S. 1967-2016
- Number of Medicare psychiatric hospital facilities in the U.S. from 1967 to 2016*Medicare - number of psychiatric hospital facilities in the U.S. 1967-2016
- Drugs
The most important statistics
- Prescription drugs spending in the United States from 2012 to 2016, by payer (in billion U.S. dollars)Prescription drugs spending in the U.S. by payer 2012-2016
- Medicare Part D payer share of retail prescriptions in 2018, by therapy area*Payer share of Medicare Part D retail prescriptions by therapy class 2018
- Out-of-pocket costs per Medicare Part D retail prescription by therapy area in 2018 (in U.S. dollars)*Out of pocket costs of Medicare Part D retail prescription by drug therapy 2018
- Cost sharing for branded drugs in the Medicare Part D coverage gap from 2016 to 2020Share of branded drug costs in Medicare Part D gap in the U.S. 2016-2020
- Cost sharing for generic drug costs in the Medicare Part D coverage gap from 2016 to 2020 Share of generic drug costs in Medicare Part D gap in the U.S. 2016-2020
- Number of common Medicaid respiratory agent prescriptions annually in 2016 and 2017, by product*Common Medicaid respiratory agent prescriptions by product 2016-2017
- Outlook
The most important statistics
- Health spending distribution in the United States 2014-2016 and projections for 2026, by payer*Health spending distribution in the United States by payer 2014-2026
- Medicare outlays and forecast in the United States from 2000 to 2028 (in billion U.S. dollars)U.S. Medicare outlays and forecast 2000-2028
- Medicare outlays and forecast in the United States from 2000 to 2028 (as a percentage of the GDP)U.S. Medicare outlays and forecast 2000-2028 as a percentage of the GDP
- Average annual growth rate in Medicare per capita spending and other measures in the U.S. between 1990s and 2027Annual growth in Medicare per capita spending and other measures 1990-2027
- Costs of care for individuals in the U.S. with Alzheimer's disease to Medicare and Medicaid from 2018 to 2050 (in billion U.S. dollars)Medicare and Medicaid costs from individuals with Alzheimer's in the U.S. 2018-2050
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Further Content: Statistics, Studies, and Topic Pages
Statistics
- Distribution of total Medicare spending 2009, by service type
- Top U.S. states based on Medicare spending per enrollee 2014
- Distribution of Medicare enrollees in 2016, by age
- Distribution of Medicare spending per enrollee 2009, by service type
- Number of persons with standardized Medigap plans by plan type 2016
- Number of Medicare services processed Australia 2013-2016
- Medigap enrollment in top U.S states 2016
- Utilization of Medicare FFS telehealth programs U.S. 2010-2015
- Medigap total enrollment 2010-2016
- Monthly premium for stand-alone Medicare Part D PDPs in the U.S. from 2006 to 2018
- Average benefits paid per Medicare service claim Australia 2013-2016
- Medicare - number of general hospital facilities in the U.S. 1967-2014
- Percentage of persons with standardized Medigap plans by plan type 2016
- Value of Medicare benefits recovered in Australia 2013-2016
- Percentage of companies with standardized Medigap policies by plan 2016
- Total cost for Medicare Part D projection vs tallies 2004-2013
- Medicare patients average length of stay comparison in MA and FFS plan 2013
- Growth in Medicare per capita spending compared to economic benchmarks 2011-2020
- Medicare's costliest drugs 2015
- Health care: perceived value of U.S. out-of-pocket health care spending 2011
Studies
- Health Care Spending in the United States and Selected OECD Countries April 2011
- 2017 Actuarial Report on the Financial Outlook for Medicaid
- Healthy Ireland Survey 2017
- The Autumn Statement: Joint statement on health and social care
- 2012 Actuarial Report on the Financial Outlook for Medicaid
- 2013 Actuarial Report on the Financial Outlook for Medicaid
- 2014 Actuarial Report on the Financial Outlook for Medicaid
- 2015 Actuarial Report on the Financial Outlook for Medicaid
- 2016 Actuarial Report on the Financial Outlook for Medicaid
- Health insurance in Belgium
- Health insurance in the Netherlands
Statistics on the topic
Free statistics
- Percentage of people covered by Medicare in the United States from 1990 to 2017
- Characteristics of the Medicare population in 2017
- Total Medicare income from 1970 to 2017 (in billion U.S. dollars)*
- Estimated sources of Medicare revenue in 2017*
- Total Medicare assets at year-end from 1970 to 2017 (in billion U.S. dollars)
- Spending distribution of Medicare and Medicaid in the United States in 2016*
- Total Medicare spending from 1970 to 2017 (in billion U.S. dollars)*
- Top 10 traditional therapy classes in the U.S. by Medicare per-member-per-year (PMPY) spending in 2016 (in U.S. dollars)*
- Distribution of Medicare beneficiaries in 2017, by ethnicity
- Distribution of Medicare beneficiaries in 2015 and 2016, by federal poverty level
- Top 10 U.S. states based on Medicare beneficiaries as a percentage of total population in 2016
- Top 10 U.S. states based on number of Medicare beneficiaries in 2016
- Number of Medicare hospital facilities in the U.S. from 1967 to 2016*
- Number of Medicare home health agencies in the U.S. from 1967 to 2016*
- Number of Medicare psychiatric hospital facilities in the U.S. from 1967 to 2016*
- Prescription drugs spending in the United States from 2012 to 2016, by payer (in billion U.S. dollars)
- Out-of-pocket costs per Medicare Part D retail prescription by therapy area in 2018 (in U.S. dollars)*
- Cost sharing for branded drugs in the Medicare Part D coverage gap from 2016 to 2020
- Cost sharing for generic drug costs in the Medicare Part D coverage gap from 2016 to 2020
- Number of common Medicaid respiratory agent prescriptions annually in 2016 and 2017, by product*
- Health spending distribution in the United States 2014-2016 and projections for 2026, by payer*
- Medicare outlays and forecast in the United States from 2000 to 2028 (in billion U.S. dollars)
- Medicare outlays and forecast in the United States from 2000 to 2028 (as a percentage of the GDP)
- Top 10 U.S. states based on Medicare spending per enrollee in 2014
- Number of persons with standardized Medigap plans in 2016, by plan type*
- Number of Medicare general hospital facilities in the U.S. from 1967 to 2014*
- Percentage of Medigap enrollees with standardized plans in 2016, by plan type*
- Percentage of companies with standardized Medigap policies in 2016, by plan type*
- Medicare MA versus fee-for-service (FFS) plan patient average length of stay comparison in 2013, by age group
Premium Statistics
- Distribution of U.S. health care expenditure from 2014 to 2018, by payer
- Medicare benefit payments by type of service in 2007 and 2017
- Distribution of Supplementary Medical Insurance (SMI) Medicare benefit payments from 2015 to 2017*
- Distribution of Hospital Insurance (HI) Medicare benefit payments from 2015 to 2017*
- Top U.S. not-for-profit hospitals by Medicare patient charges as of 2016 (in billion U.S. dollars)*
- Enrollment in the Medicare program from 1966 to 2017, by type of beneficiary (in millions)
- Total number of Medicare hospital beds in the U.S. from 1967 to 2016*
- Number of Medicare skilled nursing facilities in the U.S. from 1967 to 2016*
- Medicare Part D payer share of retail prescriptions in 2018, by therapy area*
- Average annual growth rate in Medicare per capita spending and other measures in the U.S. between 1990s and 2027
- Costs of care for individuals in the U.S. with Alzheimer's disease to Medicare and Medicaid from 2018 to 2050 (in billion U.S. dollars)
- Distribution of total Medicare spending in 2009, by service type
- Distribution of Medicare enrollees in 2016, by age group*
- Distribution of Medicare spending per enrollee in 2009, by service type
- Total number of Medicare services processed in Australia from the financial year 2013/14 to 2015/2016 (in millions)
- Top 10 U.S. states based on Medigap enrollment as of 2016*
- Number of users of Medicare fee-for-service telehealth programs in the U.S. from 2010 to 2015
- Total number of Medigap enrollees from 2010 to 2016 (in million beneficiaries)
- Average monthly premium of stand-alone Medicare Part D prescription drug plans (PDPs) in the United States from 2006 to 2018 (in U.S. dollars)
- Average benefits paid for each Medicare service claim in the financial year 2015/2016 (in Australian dollars)
- Total value of Medicare benefit compensation recovered in Australia from the financial year 2013/14 to 2015/2016 (in million Australian dollars)
- Medicare Part D total spending comparison of projection vs tallies for the period 2004-2013 (in billion U.S. dollars)
- Average annual growth in Medicare per capita spending compared to U.S. economic benchmarks for the period 2011-2020
- Top 15 costliest drugs for Medicare in 2015 (in billion U.S. dollars)
- Perceived value of out-of-pocket spending on various health care products and services in 2011*
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