Medicare

FY2025 Spending

$1.8T

Rank

#1 of 18

Growth Since 2017

+75.5%

Spending Over Time: FY2017 → FY2025

Year-over-Year Spending

Fiscal YearAmountChange
FY2017$1,046,629,647,350
FY2019$1,166,775,735,190+11.5%
FY2021$1,382,370,688,566+18.5%
FY2023$1,554,762,388,110+12.5%
FY2025$1,836,688,276,390+18.1%

What This Covers

Medicare covers health insurance for Americans 65 and older and certain disabled individuals. It's the largest single budget function, driven by an aging population and rising healthcare costs. Hospital Insurance (Part A) and Supplementary Medical Insurance (Parts B & D) make up the bulk of spending.

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Source: USASpending.gov · U.S. Department of the Treasury