News Report | January 19, 2022
Medicaid & CHIP Enrollment Rose 8.9% Between July 2020 & May 2021
Enrollment in Medicaid and State Children’s Health Insurance Program (CHIP) rose an average of 8.9% from July 2020 to May 2021. As of May 2021, more than 82 million people were enrolled in Medicaid and CHIP. Medicaid spending also increased 8.9% in fiscal year (FY) 2020, to total about $688 billion. During FY 2020, CHIP spending made up just 2.9% of this total, at about $19.8 billion. The annual growth in Medicaid spending increased from 1.8% in FY 2019 to 8.9% in FY 2020. The spending growth reflects increased enrollment and federal requirements . . .