SOCIETY · CENTERS FOR MEDICARE & MEDICAID SERVICES

Healthcare Spending

$5.3T

2024 · +497.4% since 1993

Healthcare Spending, over time

Healthcare SpendingDemocratic administrationRepublican administration

What was happening

1Affordable Care Act signedMar 23, 2010

Expands health coverage through insurance marketplaces and Medicaid, with most coverage provisions starting in 2014. Source: Congress.gov (H.R. 3590, 111th Congress) ↗

2COVID-19 national emergencyMar 13, 2020

A national emergency is declared as the pandemic spreads; lockdowns and business closures follow. The public health emergency lasts until May 11, 2023. Source: Federal Register (Proclamation 9994) ↗

Centers for Medicare & Medicaid Services · National Health Expenditure Accounts, Table 1 · Annual · Original source