Health Care

Spending on federal health care programs is growing rapidly, 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)

$851 Billion

MEDICAID

$557 Billion

PREMIUM TAX CREDITS AND RELATED SPENDING

$103 Billion

CHILDREN’S HEALTH INSURANCE PROGRAM

$18 Billion