Medicaid Drug Spending Trends

Download Publication (pdf)

February 2019 | Prescription Drugs

In fiscal year (FY) 2017, Medicaid spent approximately $64.0 billion on outpatient prescription drugs and collected $34.9 billion in rebates, bringing net drug spending to $29.1 billion—or about 5.1 percent of total Medicaid benefit spending. This fact sheet lays out various trends in Medicaid prescription drug spending from FYs 2014 to 2017.

Publication Type: Fact Sheets

Tags: payment, prescription drugs, spending