Skip to content
American Factbook
Menu

Medicare Prescription Drug Coverage

Medicare Prescription Drug Coverage recorded $178.7 billion of federal assistance obligations under this Assistance Listing in fiscal year 2026, which ranks 5 of 1,888 assistance programs with a figure in FY2026.

American Factbook Research

Identifiers

Assistance Listing
93.770

The record

Reported figures for Medicare Prescription Drug Coverage, each linked to its source
Obligated · FY2026Assistance only — grants, loans, direct payments and insurance. Contracts carry no Assistance Listing number and are not in this figure.$178,695,385,153USD
Rank among assistance programs · FY20265 of 1,888by obligations
Share of all assistance programs · FY2026Of $4.1 trillion, which is what every assistance program the publisher reported obligated in FY2026 — not the federal total, which is larger.4.3%percent

By fiscal year

Medicare Prescription Drug Coverage: federal assistance obligations under this Assistance Listing, by fiscal year
Fiscal yearObligated
FY2022$117,368,676,047
FY2023$116,266,310,692
FY2024$116,435,167,892
FY2025$162,488,810,218
FY2026$178,695,385,153

The publisher holds five fiscal years of this breakdown. A year missing from this table is a year this assistance program was not reported in, not a year of no spending.

The nearest ranks

assistance programs ranked nearest Medicare Prescription Drug Coverage, FY2026
Rankassistance programObligated
2Grants to States for Medicaid$722,912,092,189
3Medicare Supplementary Medical Insurance$534,958,472,971
4Medicare Hospital Insurance$398,954,801,729
6Veterans Compensation for Service-Connected Disability$177,844,033,496
7Social Security Disability Insurance$133,085,734,280
8Social Security Survivors Insurance$98,246,718,745

What this data cannot show

  • The fiscal year is not over. These are obligations recorded so far, and a figure here is not comparable with a full year.
  • An obligation is a binding commitment to pay, not money paid. Outlays are reported separately and the two are never equal in the same year.
  • Assistance only — grants, loans, direct payments and insurance. Contracts carry no Assistance Listing number and are not in this figure.
  • This page is built from the database rather than from the committed extract, so it covers every assistance program the publisher reported and not only the largest hundred the ranking names. Both come from the same ingest on the date above.

Sources

Last updated

Medicare Prescription Drug Coverage: $178.7 billion (FY2026)