Health Care

Increases in spending on federal health care programs can be driven by both rising enrollment—stemming from the aging of the population and expansions of federal programs—and rising health care spending per enrollee. CBO prepares projections of federal health care spending under current law and analyzes proposals that would change federal health care policies.

PROJECTIONS FOR MAJOR HEALTH CARE PROGRAMS FOR FY 2024

(As of )

MEDICARE (Net of Offsetting Receipts)

$858 Billion

MEDICAID

$607 Billion

PREMIUM TAX CREDITS AND RELATED SPENDING

$125 Billion

CHILDREN’S HEALTH INSURANCE PROGRAM

$19 Billion