Medicare. After we take out the $369.8 billion of personal expenditures detailed above, we are left with $297.9 billion in unallocated healthcare spending. $109.5 billion of that amount was spent on Medicare. Thatâs an additional $3,532 per person over the age of 65. That leaves us with $188.4 billion in unallocated healthcare spending. $78.7 billion of that amount was spent primarily on Medicaid. I was unable to find a breakdown of Medicaid spending in 1990 so weâll just have to use 2006 allocations.
interest definition: Interest is defined as the amount of money paid for the use of someone else's money. (noun) An example of interest is the $20 that was earned this year on your savings account. An example of interest is the $2000 you paid in inte...
Definitions (3) 1  1. The fee charged by a lender to a borrower for the use of borrowed money, usually expressed as an annual percentage of the principal; the rate is dependent upon the time value of money, the credit risk of the borrower, and the inflation rate. Here, interest per year divided by principal amount, expressed as a percentage. also called interest rate.