SOURCE: Centers for Medicare and Medicaid Services, Historical and Projected National Health Expenditures. Compiled by PGPF.
Together, Medicare and Medicaid finance about half of all nursing home care. That share is projected to increase to about 60 percent within the decade. Private insurance accounts for only about 18 percent of payments for nursing home care, and out-of-pocket expenses account for about 27 percent.
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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. Download (.PDF)