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EMARKETER
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Medicare Prescription Drug Spending
Overall
Total Prescription Drug Spending
Per Year, per Person
Total Prescription Drug Spending per Year, per Person
Consumer Prescription Drug Spending per Year, per Person
Medicare Prescription Drug Spending per Year, per Senior
by Type
Commercial, Insurance & Employer Prescription Drug Spending
Consumer Prescription Drug Spending
Medicaid Prescription Drug Spending
Medicare Prescription Drug Spending
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Source & Notes
Data Table
Source: EMARKETER Forecast- August 2025 
Note: total dollars spent on prescription medications by all Medicare programs
Additional Note: Prescription spending in hospitals is excluded.
Methodology: EMARKETER benchmarks its Medicare and Medicaid prescription drug spending figures against data from the Centers for Medicare & Medicaid Services (CMS), for which the last full year measured was 2023.
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