Chart of the Day: Federal Medicaid Spending Rose by Nearly 20% in One Year

A new report from the Kaiser Family Foundation finds that federal Medicaid spending grew dramatically in the year since the onset of the coronavirus pandemic, reflecting increased enrollment and federal matching funds for state spending on the health care program.

“In the one year since the onset of the pandemic, federal Medicaid outlays totaled $500.8 billion and grew by 19.5%, compared to 6.3% growth in the one year before the pandemic,” the report says.