Table 25. Medicare benefit payments and annual percent change: 1966-84.
| Year | Total | Hospital Insurance | Supplementary medical insurance | Annual percent change for total |
|---|---|---|---|---|
| Amount in billions | ||||
| 1966 | $1.0 | $0.9 | $0.1 | – |
| 1967 | 4.6 | 3.4 | 1.2 | 346.5 |
| 1968 | 5.7 | 4.2 | 1.5 | 25.2 |
| 1969 | 6.6 | 4.7 | 1.9 | 15.9 |
| 1970 | 7.1 | 5.1 | 2.0 | 7.5 |
| 1971 | 7.9 | 5.8 | 2.1 | 10.8 |
| 1972 | 8.6 | 6.3 | 2.3 | 9.9 |
| 1973 | 9.6 | 7.1 | 2.5 | 10.9 |
| 1974 | 12.4 | 9.1 | 3.3 | 29.6 |
| 1975 | 15.6 | 11.3 | 4.3 | 25.5 |
| 1976 | 18.4 | 13.3 | 5.1 | 18.2 |
| 1977 | 21.8 | 15.7 | 6.0 | 18.2 |
| 1978 | 24.9 | 17.7 | 7.3 | 14.5 |
| 1979 | 29.3 | 20.6 | 8.7 | 17.6 |
| 1980 | 35.7 | 25.1 | 10.6 | 21.7 |
| 1981 | 43.5 | 30.3 | 13.1 | 21.7 |
| 1982 | 51.1 | 35.6 | 15.5 | 17.6 |
| 1983 | 57.4 | 39.3 | 18.1 | 12.4 |
| 1984 | 62.9 | 43.3 | 19.7 | 9.5 |
| Percent | ||||
| ACRG1 | 16.6 | 16.1 | 17.9 | – |
| ACRRG2 | 9.1 | 8.6 | 10.3 | – |
Source: Health Care Financing Administration, Office of the Actuary: 1985 Annual Report of the Board of Trustees of the Federal Hospital Insurance and Supplementary Medical Insurance Trust Funds.
1
Annual compound rate of growth 1967-84.
2
Annual compound real rate of growth 1967-84, adjusted for changes in Consumer Price Index 1967-84.