Medicare
Medicare is a U.S. government program created to provide health insurance to Americans over the age of 65.
| Real Cost (2009$) | Per Capita | % of GDP | |||||
|---|---|---|---|---|---|---|---|
| 1966 | $0.7 billion | $3 | .01% | ||||
| 1967 | $17.3 billion | $87 | .32% | ||||
| 1968 | $28.4 billion | $141 | .51% | ||||
| 1969 | $33.3 billion | $164 | .58% | ||||
| 1970 | $34.2 billion | $167 | .60% | ||||
| 1971 | $35.0 billion | $168 | .59% | 1972 | $38.4 billion | $183 | .61% |