
Budget Basics: Medicaid
This budget explainer describes what Medicaid is, how it is financed, and who benefits from it.
https://www.pgpf.org/budget-basics/budget-explainer-medicaid
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This budget explainer describes what Medicaid is, how it is financed, and who benefits from it.
https://www.pgpf.org/budget-basics/budget-explainer-medicaid
Putting our economy on a path to recovery continue to be the most pressing priorities for our nation. At the same time, our fiscal outlook has worsened considerably.
Despite improvements to the labor market since the start of the COVID-19 pandemic, the unemployment rate remains high, especially for non-white workers. Get the facts here.
https://www.pgpf.org/blog/2021/01/the-unemployment-rate-remains-historically-high
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the latest data for Fiscal Year 2020, charted out monthly and on a year-over-year basis.
The coronavirus pandemic has caused a severe public health crisis as well as substantial economic disruption for every American. So far, lawmakers have enacted five separate pieces of legislation.
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.
https://www.pgpf.org/chart-archive/0093_medicaid_demographics
Medicaid finances about one-third of all home health and nursing home care spending in the United States.
https://www.pgpf.org/chart-archive/0095_medicaid_home_health
Medicare covers more than 40 percent of the nation's home health care bills and more than 20 percent of most other health services.
https://www.pgpf.org/chart-archive/0092_medicare_share_costs
Hospital expenses are the largest category of Medicare spending, but their share has fallen over time.
https://www.pgpf.org/chart-archive/0089_composition_medicare_payments
On average, Medicare benefits far exceed taxes over an individual’s lifetime.
https://www.pgpf.org/chart-archive/0197_Medicare_lifetime_benefits