Federal and State Financing
Federal and state governments jointly finance the Medicaid program, with the federal government matching states’ spending. This matching rate, known as the federal medical assistance percentage (FMAP), varies from state to state and is inversely related to the state’s per capita income. It currently ranges from 50-76%.
Similar to Medicaid, the federal government matches states spending; in SCHIP however, these funds are capped overall and for each state. This capped funding is distributed among the states in state-specific
allotments, determined annually by a formula set out in the statute. The federal government assumes a larger share of the financing with an enhanced matching rate, currently ranging from 65-83%.
The following tables provide data on Medicaid and SCHIP federal and state financing. All documents are available in PDF format.
Medicaid Expenditures
SCHIP Allotments and Expenditures
View
Federal Policy and Advocacy for more information on SCHIP financing.