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Additional Note: Total prescription drug spending includes spending by Medicare, Medicaid, commercial insurers, employers, and patients. Estimates exclude spending in hospitals, as well as spending by the Children’s Health Insurance Program (CHIP), under Title XIX and Title XXI of the Social Security Act; the Department of Defense; the Department of Veterans Affairs; the Indian Health Service; the Substance Abuse and Mental Health Services Administration (SAMHSA); and other limited federal, state, and local programs.

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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