Table 9. Payments into Medicare Trust Funds and Percent Distribution, by Type of Fund and Source of Income: Selected Calendar Years 1967-93.
Year and Source of Income | Total | Hospital Insurance Trust Fund | Supplementary Medical Insurance Trust Fund | |||
---|---|---|---|---|---|---|
|
|
|
||||
Amount in Billions | Percent Distribution | Amount in Billions | Percent Distribution | Amount in Billions | Percent Distribution | |
1967 | ||||||
Total | $5.2 | 100.0 | $3.6 | 100.0 | $1.6 | 100.0 |
Payroll Taxes | 3.2 | 62.0 | 3.2 | 89.8 | — | — |
General Revenues | 1.2 | 24.1 | 0.3 | 8.8 | 0.9 | 58.4 |
Premiums | 0.6 | 12.4 | — | — | 0.6 | 40.1 |
Interest | 0.1 | 1.5 | 0.1 | 1.4 | 0.0 | 1.5 |
1972 | ||||||
Total | $9.2 | 100.0 | $6.4 | 100.0 | $2.8 | 100.0 |
Payroll Taxes | 5.8 | 62.9 | 5.8 | 90.5 | — | — |
General Revenues | 1.8 | 19.7 | 0.4 | 6.7 | 1.4 | 49.5 |
Premiums | 1.4 | 15.0 | — | — | 1.4 | 49.2 |
Interest | 0.2 | 2.4 | 0.2 | 2.8 | 0.0 | 1.3 |
1983 | ||||||
Total | $64.4 | 100.0 | $44.6 | 100.0 | $19.8 | 100.0 |
Payroll Taxes | 37.6 | 58.4 | 37.6 | 84.4 | — | — |
General Revenues | 19.2 | 29.8 | 14.3 | 9.7 | 14.9 | 75.0 |
Premiums | 4.3 | 6.6 | 0.0 | 0.1 | 4.2 | 21.4 |
Interest | 3.3 | 5.2 | 2.6 | 5.8 | 0.7 | 3.7 |
1993 | ||||||
Total | $155.9 | 100.0 | $98.2 | 100.0 | $57.7 | 100.0 |
Payroll Taxes | 84.5 | 54.2 | 84.5 | 86.1 | — | — |
General Revenues | 41.9 | 26.9 | 0.4 | 0.5 | 41.5 | 71.9 |
Premiums | 14.9 | 9.5 | 0.7 | 0.7 | 14.2 | 24.6 |
Interest | 14.6 | 9.3 | 212.5 | 12.8 | 2.0 | 3.5 |
Includes a $3.5 billion lump-sum general revenue transfer for non-contributory military wage credits.
Includes a $1.8 billion transfer from the supplementary medical insurance catastrophic coverage reserve fund.
NOTES: 0.0 denotes less than $50 million. Numbers and percents may not add to totals because of rounding.
SOURCE: Health Care Financing Administration, Office of the Actuary: Data from the Office of National Health Statistics.