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SOURCE: Centers for Medicare and Medicaid Services, Projected National Health Expenditures. Compiled by PGPF.
Medicaid is the largest single payer of long-term care in the country, financing almost 30 percent of nationwide spending on nursing homes and nearly 40 percent of nationwide spending on home health. It also funds nearly 20 percent of all hospital care.
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Where The Growth In Spending Comes From
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.
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