Your Tax Dollar & Medicare Part D
Where does $275.6 billion in prescription drug spending actually go?
$1,838
Per Taxpayer/Year
$275.65B
Total Part D Spending
$5,301
Per Beneficiary
~52M
Part D Enrollees
Where Your $1838 Goes
💊 Top 10 Drugs: $22 Billion
Just 10 drugs account for 8% of all Part D spending. Eliquis alone costs $7.75 billion — more than NASA's annual science budget.
See IRA negotiated drug prices →🏥 GLP-1 Diabetes/Weight Drugs: $8.4 Billion
Ozempic, Trulicity, and Mounjaro are the fastest-growing drug category. Spending has tripled since 2019.
Track GLP-1 spending →💰 Brand-Name Premium: $185 Billion
Brand-name drugs cost 4.7x more per claim than generics, yet still account for 13.4% of all prescriptions.
Brand vs Generic analysis →Cost Per Beneficiary by State
Some states cost Medicare significantly more per patient than others — driven by prescribing patterns, drug mix, and population health.
| # | State | Cost/Patient* | Total Cost |
|---|---|---|---|
| 1 | District of Columbia | $1,718 | $635.5M |
| 2 | Alaska | $1,518 | $393.3M |
| 3 | New York | $1,510 | $22.46B |
| 4 | Virgin Islands | $1,470 | $32.8M |
| 5 | Vermont | $1,442 | $546.6M |
| 6 | Kentucky | $1,392 | $4.89B |
| 7 | Oklahoma | $1,387 | $3.10B |
| 8 | Alabama | $1,386 | $5.09B |
| 9 | West Virginia | $1,359 | $1.86B |
| 10 | Indiana | $1,347 | $6.29B |
| 11 | New Jersey | $1,343 | $7.73B |
| 12 | Connecticut | $1,342 | $3.96B |
| 13 | Hawaii | $1,331 | $931.1M |
| 14 | Massachusetts | $1,323 | $7.22B |
| 15 | Georgia | $1,316 | $8.63B |
| 16 | Louisiana | $1,316 | $4.53B |
| 17 | Missouri | $1,315 | $5.75B |
| 18 | Tennessee | $1,306 | $6.89B |
| 19 | Mississippi | $1,298 | $2.66B |
| 20 | Maryland | $1,284 | $4.04B |
The Big Picture
- 📈 Part D spending grew 50% from $183B (2019) to $275.6B (2023)
- 💊 The top 500 drugs account for the vast majority of spending
- 🏥 1,380,665 providers prescribed 1,615,685,370 claims
- ⚖️ The Inflation Reduction Act begins negotiating prices for 10 drugs in 2026
- 💰 If all brand prescriptions switched to generics, estimated savings: $111.27B
*Cost per patient is calculated from provider-level data (patients seeing multiple providers are counted once per provider). Actual Medicare Part D enrollment: ~52 million (CMS 2023). Data from CMS Medicare Part D Public Use Files, 2023. Taxpayer estimates based on ~150M federal income tax filers.Methodology