QUESTIONS AND VERIFIED ANSWERS
Medicare Spending: Medicare expenditures reached almost ... billion in 2020. Medicare
spending is projected to ... from 2019 to 2029, when it is expected to account for ... of total
federal spending.
$814
double
18%
Medicare Spending: Even though Medicare spending will grow slowly compared to historical
data, (3) will contribute to Medicare's rising expenditures.
an aging population, longer life expectancy, and overall growth in healthcare costs
Medicare Spending: Spending levels would be even higher without
savings created by the ACA and the Budget Control Act (BCA) of 2011.
Medicare Spending: Medicare covers at least ... of national spending on most major healthcare
services.
20%
Within Medicare, the proportion of funds spent on hospital services has ... over time, while
spending on Part B and Part D services has ...
decreased
increased.
Medicare Spending: The ACA established an Independent Payment Advisory Board, which had
the task of
submitting proposals to reduce the rate of Medicare spending if Medicare exceeds specified
targets.
The Secretary of HHS was required to implement proposals submitted by the board unless
Congress enacts alternative proposals that achieve the same level of savings.