KFF May 7, 2021
Medicaid represents $1 out of every $6 spent on health care in the U.S. and is the major source of financing for states to provide coverage of health and long-term care for low-income residents. Medicaid is administered by states within broad federal rules and jointly funded by states and the federal government. Medicaid is a counter-cyclical program, meaning that more people become eligible and enroll during economic downturns; at the same time states may face declines in revenues making it difficult to fund the state share. The health and economic effects of the pandemic have significant implications for Medicaid enrollment and financing. A companion data collection examines current fiscal and state revenue data to help understand how various economic factors...