Total Medicare income 1970-2022

* Data are for fiscal years.
Section 708 of the Social Security Act modifies the provisions for the payment of Social Security benefits when the regularly designated day falls on a Saturday, Sunday, or legal public holiday. Payment of those benefits normally due January 3, 2010 actually occurred on December 31, 2009, payment of benefits normally due January 3, 2016 occurred on December 31, 2015, and payment of benefits normally due January 3, 2021 occurred on December 31, 2020. Consequently, the Part B and Part D premiums withheld from these benefits and the associated Part B government contributions were added to the Part B or Part D account, as appropriate, on December 31, 2009 (about $14.8 billion for Part B and about $0.2 billion for Part D), December 31, 2015 (about $7.5 billion for Part B and about $0.1 billion for Part D), and December 31, 2020 (about $10.0 billion for Part B and about $0.1 billion for Part D), respectively. Similarly, the payment date for those benefits normally due January 3, 2027 will be on December 31, 2026. Accordingly, an estimated $6.1 billion will be added to the Part B account, and an estimated $0.2 billion will be added to the Part D account, on December 31, 2026.

**Includes (i) a transfer of $37.8 billion in calendar year 2020 from the general fund of the Treasury to Part B, which occurred in November of 2020 for the outstanding balance of the Medicare Accelerated and Advance Payments (AAP) Program, as required by the Continuing Appropriations Act, 2021 and Other Extensions Act, and (ii) subsequent recoveries from providers that were transferred from Part B to the general fund of the Treasury in the amounts of $14.3 billion, $21.7 billion, and $1.9 billion in calendar years 2021 through 2023, respectively