News Report | October 21, 2018
Medicaid Spending Rose 2.6% To $592 Billion In 2017
Medicaid spending rose to $592.2 billion in 2017, up 2.6% over the $582 billion in 2016. The $592.2 billion spent in 2017 includes $370.6 billion in federal expenditures and $221.6 billion in state expenditures. State Medicaid expenditures in 2017 were 4.2% higher than the $212.7 billion in 2016. Overall Medicaid expenditures are projected to increase at an average annual rate of 5.7%, and to reach $1,005.7 billion by 2026.
Enrollment rose by 2% (1.5 million people) from 72.3 million enrollees to 73.8 million, with 2017 per beneficiary . . .