Historical and Projected Average Annual Growth Rate in Medicare Spending Per Capita and Other Measures Actual (2000-2011) Projected (2012-2021) 2594, 2956 Medicare spending per capita Private health insurance spending per capita GDP per capita CPI Medicare spending per capita* NOTE: *Assumes no reduction in physician fees under Medicare between 2012 and 2021. SOURCES: Kaiser Family Foundation analysis of data from Boards of Trustees, Congressional Budget Office, Centers for Medicare & Medicaid Services, U.S. Census Bureau.