MACPAC Releases 2022 Edition of MACStats: Medicaid and CHIP Data Book
The Medicaid and
From
As in prior years, Medicaid and CHIP enrollees of all ages were more likely to be persons of color and to report being in fair or poor health than people who were covered by private insurance (Exhibit 2). Children whose primary coverage source is Medicaid or CHIP are as likely to report seeing a doctor or having a wellness visit within the past year as those with private coverage, and more likely than those who are uninsured (Exhibit 40). While most children whose primary coverage source is Medicaid or CHIP had a usual source of care, they were less likely to have one compared with children who have private coverage (Exhibits 42 and 43). In fiscal year (FY) 2020, individuals eligible on the basis of disability and enrollees age 65 and older accounted for about 21 percent of Medicaid enrollees but about 56 percent of program spending (Exhibits 14 and 21). Many of these individuals were users of long-term services and supports and accounted for almost one-third of all Medicaid spending (Exhibit 20).
Although the share of the federal budget devoted to Medicaid and Medicare has grown steadily since the programs were enacted in 1965, Medicaid and CHIP spending combined continue to account for a small share of the federal budget. In FY 2021, Medicaid was a smaller share of the federal budget (7.6 percent) than Medicare (10.1 percent), for example. Both Medicaid's and Medicare's share of the federal budget are lower than in prior years because of a large increase in other mandatory program spending for relief related to the COVID-19 pandemic (Exhibit 4). Medicaid spending as a share of state budgets varies depending on whether federal funds are included.
Total Medicaid spending was
MACStats, published annually in December and updated regularly on macpac.gov, brings together the range of Medicaid and CHIP statistics--including eligibility and enrollment, benefits, service use, and access to care, and state and federal spending--that are often difficult to find across multiple sources.
"This publication provides invaluable insights for federal and state policymakers, researchers, health care stakeholders, and anyone who wants to know how Medicaid and CHIP impact the lives of almost 30 percent of the
More highlights from this year's edition of MACStats include:
* Medicaid spending increased 9.6 percent in FY 2021, reflecting increased enrollment during the COVID-19 public health emergency. However, spending increased less than enrollment, leading to a 4.4 percent decrease in spending per full-year equivalent enrollee (Exhibit 10).
* Over 35 percent of individuals enrolled in Medicaid or CHIP in 2021 had family incomes below 100 percent of the federal poverty level (Exhibit 2).
* About 38 percent of
* The new adult group, which includes individuals who are newly eligible for Medicaid under the Patient Protection and Affordable Care Act (ACA) and some adults who were previously eligible in states that expanded Medicaid prior to the ACA, accounted for 24 percent of enrollees and 19 percent of spending in FY 2020 (Exhibits 14 and 21).
* Drug rebates reduced gross drug spending by over half in FY 2021 (Exhibit 28), with 66.7 percent of Medicaid gross spending for drugs occurring under managed care (Exhibit 26).
* * *
Original text here: https://www.macpac.gov/news/macpac-releases-2022-edition-of-macstats-medicaid-and-chip-data-book/
Remembering the alleged victims of Alex Murdaugh Remembering the alleged victims of Alex Murdaugh
MACPAC Releases June 2022 Report to Congress
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News