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Medicaid spending

Medicaid spending

Medicaid is a health insurance program available for qualified individuals meeting certain requirements. Qualified individuals include low-income adults, children, pregnant women, elderly adults, and people with disabilities. The program is administered by states but funded by both the federal government and the states themselves.

There was $682 billion of Medicaid spending in the US in 2020, an increase of 8.9% or $55.7 billion from 2019.

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