A SUMMARY OF THE 2023 ANNUAL REPORTS
Social Security and Medicare Boards of Trustees
The following table presents the plot points for the data in Chart C—Medicare Cost and Non-Interest Income by Source as a Percentage of GDP on a calendar year basis, for the historical period (1970 - 2022) and the projection period (2023 - 2097 ),under the intermediate assumptions.
Plot points for Chart C Year Payroll taxes Tax on OASDI benefits Premiums State payments
& drug feesGovernment contributions Total Cost 1970 0.004609102 0.001021139 0.001832647 0.007140264 1971 0.004281238 0.00111774 0.001600206 0.007274335 1972 0.004529705 0.001079655 0.001421299 0.007308429 1973 0.00704586 0.001088836 0.001546259 0.007597133 1974 0.00710309 0.001170043 0.001775772 0.008700812 1975 0.006908401 0.001142498 0.001968657 0.00975069 1976 0.006869818 0.001104402 0.002108986 0.01052307 1977 0.006779628 0.001085106 0.003041562 0.011031625 1978 0.007457904 0.001055877 0.003026026 0.011374862 1979 0.007977312 0.001040602 0.002862226 0.01185253 1980 0.00843171 0.001059738 0.002902381 0.013143978 1981 0.010363135 0.001167743 0.003790722 0.013971101 1982 0.010448327 0.001112809 0.003977225 0.015672529 1983 0.010351298 0.001173076 0.005282005 0.016341669 1984 0.010560445 0.001287889 0.004471948 0.016495449 1985 0.011050293 0.001303071 0.00421689 0.016610858 1986 0.011998126 0.001259053 0.004030673 0.016928165 1987 0.012155175 0.001533608 0.00496394 0.017297012 1988 0.011995368 0.001681105 0.005109962 0.017028897 1989 0.01218595 0.002183431 0.005575212 0.0179193 1990 0.01213789 0.001918786 0.005442598 0.018598097 1991 0.012699149 0.002007996 0.006218772 0.01967277 1992 0.012594307 0.002238998 0.006451517 0.020949781 1993 0.012325184 0.002167861 0.00611105 0.021979174 1994 0.013131591 0.000224914 0.002510335 0.005048416 0.023122035 1995 0.012934587 0.00051219 0.002705717 0.005174254 0.024249446 1996 0.013747594 0.000504018 0.00247271 0.007823615 0.024730067 1997 0.013417465 0.000414804 0.00240255 0.007079176 0.024638611 1998 0.013763491 0.000559098 0.002454921 0.007080459 0.023207189 1999 0.013781916 0.000680291 0.002119531 0.006210854 0.022186764 2000 0.014127078 0.000857189 0.002140035 0.006513502 0.021913034 2001 0.014407931 0.000711874 0.002280605 0.006887242 0.02335626 2002 0.014011482 0.000760904 0.002442303 0.007255021 0.024316141 2003 0.013064106 0.000726054 0.002531879 0.007637141 0.024796629 2004 0.012842804 0.000702043 0.002729787 0.008359538 0.025569627 2005 0.013177874 0.000672204 0.00306393 0.009214538 0.026236774 2006 0.013155109 0.00074691 0.003549487 0.000396235 0.012508607 0.029913734 2007 0.01328833 0.000731853 0.003719972 0.000477188 0.012409732 0.030696127 2008 0.013488201 0.000794388 0.003952347 0.000481035 0.012534809 0.031364638 2009 0.013220965 0.00085481 0.004526358 0.000522988 0.014698537 0.034752774 2010 0.012131513 0.000914348 0.00413257 0.000268353 0.013718045 0.034813815 2011 0.012568755 0.000970722 0.004417881 0.000616421 0.014409052 0.035160884 2012 0.012688619 0.001146981 0.004322234 0.000653169 0.013386803 0.035171908 2013 0.013144378 0.000849601 0.004568672 0.000723814 0.014204764 0.03503505 2014 0.012994173 0.001029361 0.004607631 0.000664818 0.014209372 0.035219571 2015 0.013274165 0.001109962 0.004730316 0.000653655 0.015045892 0.035677805 2016 0.013595779 0.001231445 0.004807857 0.000697433 0.017129672 0.03625136 2017 0.013458351 0.001242778 0.005202733 0.00079096 0.015005178 0.036360841 2018 0.013094922 0.001178198 0.005536856 0.000769077 0.015749299 0.036505645 2019 0.01336273 0.00111225 0.005604447 0.000705949 0.015929754 0.037576694 2020 0.014429626 0.001279221 0.006261748 0.000681949 0.019784939 0.039579055 2021 0.013000605 0.001071195 0.005695984 0.000637134 0.017418453 0.038372338 2022 0.013898349 0.001289216 0.006045862 0.000648101 0.016666322 0.037256617 2023 0.013502184 0.001340388 0.005931796 0.000694915 0.016253903 0.038637161 2024 0.013543397 0.001444801 0.006123046 0.000792246 0.017558708 0.039776646 2025 0.013701392 0.001490267 0.006323882 0.000778115 0.018647952 0.041320844 2026 0.013771535 0.001656586 0.006678613 0.000763963 0.019547601 0.04286386 2027 0.01383551 0.001840454 0.006925296 0.000739671 0.020024446 0.044362347 2028 0.013910217 0.00191873 0.007328588 0.000699745 0.020798875 0.045920094 2029 0.01397413 0.001997767 0.007716324 0.000665866 0.021616836 0.047493597 2030 0.0140203 0.002084916 0.008050106 0.000641978 0.022100469 0.048705545 2031 0.014073044 0.002176533 0.008311483 0.000626656 0.02266714 0.04996073 2032 0.014089361 0.002270244 0.008597254 0.000616063 0.023315955 0.051340143 2033 0.014126779 0.002347051 0.008864013 0.000615152 0.024006385 0.053105945 2034 0.014137329 0.00239859 0.009033548 0.00061467 0.024432533 0.054107393 2035 0.014148382 0.002440786 0.009242599 0.00061454 0.024963697 0.055116954 2036 0.014158493 0.002476882 0.009524896 0.000614768 0.02568981 0.056058449 2037 0.014170541 0.002509411 0.009690024 0.00061336 0.026102013 0.056826684 2038 0.014182926 0.002538318 0.009829089 0.000611042 0.026443071 0.057460038 2039 0.014196855 0.002563384 0.009950355 0.000608181 0.026733032 0.058010283 2040 0.014212211 0.002583527 0.010060364 0.000605941 0.026998853 0.058511448 2041 0.014218206 0.002599854 0.01014784 0.000603494 0.02720734 0.058906412 2042 0.014235045 0.002612703 0.010220964 0.000601835 0.027384513 0.059229506 2043 0.014253756 0.00262376 0.010277522 0.000600398 0.027519697 0.05946522 2044 0.014273717 0.002634088 0.010325593 0.000599644 0.027635129 0.059661693 2045 0.014294421 0.002644213 0.01036827 0.000599825 0.027739639 0.059841614 2046 0.014315829 0.002653961 0.010398481 0.000600496 0.027813597 0.059972404 2047 0.014338734 0.002663795 0.010416262 0.000601501 0.02785525 0.060038022 2048 0.014402454 0.00273284 0.010436267 0.000602893 0.027903916 0.060079889 2049 0.014427693 0.002743726 0.010451135 0.000603762 0.027938179 0.060078114 2050 0.014444332 0.002754706 0.010476049 0.000605288 0.027999601 0.060130798 2051 0.014471337 0.002764723 0.010504863 0.000607197 0.028072276 0.060190482 2052 0.014498776 0.002776614 0.010537378 0.000609425 0.028155582 0.060253386 2053 0.014526582 0.002789551 0.010573682 0.000612055 0.028249838 0.06032296 2054 0.014554486 0.002803001 0.010615355 0.000615138 0.028358642 0.060419515 2055 0.014583061 0.002819145 0.010665428 0.000618729 0.028489108 0.060585053 2056 0.014611969 0.002836369 0.01071679 0.000622393 0.028622599 0.060762772 2057 0.014641488 0.002853789 0.010768661 0.000626133 0.02875786 0.060931225 2058 0.014665133 0.002872489 0.010818704 0.000629684 0.028887997 0.061083806 2059 0.01469559 0.002891843 0.010866382 0.000632957 0.02901124 0.061221023 2060 0.014726758 0.002909165 0.010913433 0.000635901 0.029130886 0.06138114 2061 0.014757747 0.00292593 0.01095899 0.000638682 0.029246121 0.061533114 2062 0.014788983 0.002941341 0.011003671 0.00064136 0.029358173 0.061694455 2063 0.01481435 0.002955426 0.011047345 0.000643977 0.029467339 0.061848812 2064 0.014845602 0.002969243 0.011092463 0.000646712 0.02958009 0.062016859 2065 0.014876587 0.002981367 0.011136333 0.000649403 0.02968866 0.062205136 2066 0.014907378 0.002993852 0.011170979 0.000652036 0.029773127 0.062356959 2067 0.014937318 0.003005718 0.0112008 0.000654286 0.029844304 0.062479589 2068 0.014963226 0.003017767 0.011230834 0.000656608 0.029916224 0.062598516 2069 0.014993143 0.003028933 0.011262946 0.000659185 0.029994261 0.062721028 2070 0.015022361 0.003040446 0.011293147 0.000661591 0.030066513 0.062843876 2071 0.015051335 0.003051472 0.011322668 0.000664011 0.030137276 0.062950582 2072 0.015075757 0.003061006 0.011357473 0.00066701 0.030222984 0.063081854 2073 0.015103804 0.003071461 0.011391709 0.00067009 0.03030741 0.063212324 2074 0.015131231 0.003080812 0.011417179 0.000672504 0.030367629 0.063306054 2075 0.015158481 0.003088871 0.011432398 0.000674079 0.030399474 0.063350011 2076 0.015182094 0.003094229 0.011444004 0.000675386 0.030421496 0.063374823 2077 0.015208527 0.00309765 0.011450986 0.00067628 0.03043098 0.063364891 2078 0.015234317 0.003098065 0.011459024 0.000677273 0.03044354 0.063356151 2079 0.015256942 0.00309587 0.011464235 0.000678217 0.030449145 0.063323194 2080 0.01528192 0.003091771 0.011468358 0.000679249 0.030452308 0.063283394 2081 0.015306663 0.003086773 0.011468666 0.000680101 0.030445523 0.063220775 2082 0.015328186 0.003079224 0.011463794 0.000680555 0.030424603 0.063131954 2083 0.015352054 0.00306959 0.011454655 0.0006807 0.030391962 0.063027824 2084 0.015373104 0.003059546 0.011440218 0.000680386 0.030344751 0.06289432 2085 0.015395578 0.003047612 0.011422158 0.00068025 0.03030114 0.062772411 2086 0.015417748 0.003033967 0.011395372 0.000679347 0.030233672 0.062595482 2087 0.015438758 0.003020009 0.011371973 0.000678872 0.030175926 0.062434897 2088 0.015459833 0.003005231 0.01134883 0.00067846 0.030118869 0.062277511 2089 0.015479671 0.002991734 0.011327414 0.000678291 0.030066916 0.062123514 2090 0.015499538 0.002978832 0.011308805 0.000678416 0.030022895 0.06198143 2091 0.015518125 0.002968085 0.011290908 0.00067876 0.029981328 0.061839971 2092 0.015536705 0.002958265 0.011274287 0.00067921 0.029943142 0.061706061 2093 0.015554816 0.002951228 0.011261059 0.000679914 0.02991415 0.061587418 2094 0.015572036 0.002946241 0.011252692 0.000681011 0.029898845 0.061479332 2095 0.015588357 0.002942455 0.011249368 0.000682488 0.029897459 0.061389871 2096 0.01560463 0.00294094 0.011249209 0.000684178 0.029904926 0.06130546 2097 0.015619972 0.002940663 0.011252232 0.000686029 0.029920886 0.061235203
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| Actuarial Publications Last reviewed or modified 3/30/2023 |