KFF April 26, 2022
A new KFF interactive provides essential facts and trends about spending on Medicare, the federal health insurance program that covers 65 million seniors and people with disabilities, or nearly 1 in 5 Americans.
In 2020, Medicare spending accounted for 12 percent of the federal budget and 20 percent of national health care spending. Given its size and importance, the program is often part of discussions about how to better manage total federal government spending, health care spending in the U.S., and the affordability of health care costs.
The new interactive, The Facts About Medicare Spending, provides the most current information available to help frame these discussions, based on the latest data from Medicare’s actuaries, the Congressional Budget Office, and other...