Medicare Is Largest Single Purchaser Of Health Care In U.S.

According to a report from the Medicare Payment Advisory Commission (Medpac), Medicare is the largest single purchaser of health care in the United States. Of the $2.7 trillion spent on personal health care in 2015, Medicare accounted for 22% or $605 billion. The amount includes spending on direct patient care and excludes certain administrative and business costs.

The report can be obtained at