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The coronavirus (COVID-19) pandemic is an unprecedented national emergency requiring a significant federal response. This page provides resources and analysis, tracking the actions our leaders are taking to respond, and providing insights on the state of America’s fiscal and economic outlook during the recovery.
This budget explainer describes what Medicaid is, how it is financed, and who benefits from it.
Medicaid provides health insurance to low-income Americans. Children make up nearly half of the program’s enrollment, but most spending is directed towards the elderly and disabled.
Medicaid finances about one-third of all home health and nursing home care spending in the United States.
Medicare covers more than 40 percent of the nation's home health care bills and more than 20 percent of most other health services.
Hospital expenses are the largest category of Medicare spending, but their share has fallen over time.
On average, Medicare benefits far exceed taxes over an individual’s lifetime.
The economic impact of the coronavirus has been profound, but it has not been felt equally by all demographic groups.
Here's an overview of some of the programs that face impending deadlines or are set to expire soon.