Medicaid - Statistics & Facts

Medicaid - Statistics & Facts

Statistics and facts about Medicaid

Since its creation in 1965, Medicaid became the largest source of medical and health-related services for U.S. Americans with a low income and limited resources. In 2013, Medicaid’s share of total U.S. health care spending amounted to around 15 percent. The program is funded by both federal and state government. As the percentage of people under Medicaid was growing during the last decade, Medicaid spending was increasing, too.

According to estimates of the Centers for Medicare and Medicaid Services (CMS), approximately 59 million people were enrolled in Medicaid in 2013. The breakdown of the enrollment shows us that over the half of them are children; other groups include adults, disabled, and aging people. While the enrollment group of disabled persons makes up only one fifth of all Medicaid enrollees, their share of Medicaid expenditures is by far the largest.

In 2010, Medicaid expenditures crossed the 400 billion U.S. dollar mark for the first time, with the federal share more than twice as high as the state funds. Among all U.S. states, New York had the highest Medicaid spending, followed by California, Texas, and Pennsylvania. Medicaid’s expenditure as a percent of total U.S. health costs is especially significant in the area of personal and residential care, Medicaid hospital costs make up almost one fifth of total U.S. hospital costs.

With the Patient Protection and Affordable Care Act, Medicaid’s role within U.S. health care will become even more prominent. From 2014, the federal health care law will implement a substantial increase in Medicaid eligibility. Projections show us distinctly higher numbers in Medicaid enrollment starting that year. Medicaid expenditure projections anticipate a similar trend, with spending almost doubled by 2020.

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Language:   English
Page/s: 61
Released: 2014
Document: Powerpoint (PPTX)
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