SOURCE: Centers for Medicare and Medicaid Services, National Health Expenditure data. Compiled by PGPF.
Hospital expenses are the largest single component of program spending, accounting for about 43 percent of the total. But the share of hospital spending has declined as spending on prescription drugs, home health care, nursing homes and equipment has risen. Most notably, the addition of prescription drug benefits to the Medicare program significantly altered the composition of spending.
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"Dual Eligibles" Receive Benefits from Medicare and Medicaid
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Medicare, Medicaid, and Nursing Home Care Costs
Medicaid Funds One-Third of National Home Health and Nursing Costs
Peter G. Peterson Foundation Chart Pack:
The PGPF chart pack illustrates that budget-making involves many competing priorities, limited resources, and complex issues. In this set of charts, we aim to frame the financial condition and fiscal outlook of the U.S. government within a broad economic, political, and demographic context. Download (.PDF)