TABLE 1

TABLE 1. PROJECTIONS OF MEDICARE OUTLAYS

(By fiscal year, in billions of dollars

	1996	1997	1999	1999	2000	2001	2002	2003	2004	2005	2006	2007	Annual Average Rate of Growth, 1996-2007 (Percent)
Hospital Insurance^a	125	137	149	161	176	184	202	218	235	259	275	275	275
Supplementary Medical Insurance^a	69	75	82	90	100	105	116	126	138	155	167	167	167
Gross Medicare Outlays^a	194	212	230	251	276	289	317	343	372	414	442	442	442
Premium Receipts	-20	-20	-21	-22	-23	-24	-26	-27	-28	-29	-31	-31	-31
Net Medicare Outlays^a	174	192	209	229	253	265	292	316	344	385	411	411	411

SOURCE: Congressional Budget Office.
NOTE: Numbers may not add to totals because of rounding.
^a Includes benefit payments and mandatory and discretionary administrative expenses.

TABLE 2

TABLE 2. BASELINE PROJECTIONS OF THE MEDICARE HOSPITAL INSURANCE TRUST FUND

(By fiscal year, in billions of dollars)

	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007
Outgo	125	137	149	161	177	184	202	217	235	259	275	275

Income
Payroll taxes^a	111	118	122	129	135	142	148	156	163	171	180	180
Interest	10	10	9	7	5	2	-1	-5	-9	-15	-21	-21
Total	121	128	131	136	140	144	147	151	151	151	151	151
Deficit	-4	-10	-18	-25	-36	-41	-54	-67	-81	-103	-117	-117
Fund Balance^b	125	116	98	73	36	-4	-59	-126	-207	-310	-426	-426

SOURCE: Congressional Budget Office.
NOTE: Numbers may not add to totals because of rounding.
^a Includes a small amount of premiums and other noninterest income.
^b At the end of the fiscal year.