At least $2,277 in Medicaid payments in Keyport for 2024 was associated with services billed under HCPCS codes specifically tied to COVID-19, according to the U.S. Department of Health and Human Services Medicaid Provider Spending database.
Medicaid is a government health insurance program, administered by states and funded jointly by state and federal governments. The program covers low-income individuals and families, seniors, children, and people with disabilities, making it a major part of the U.S. health care system.
Since Medicaid dollars are from taxpayers, fluctuations in local billing demonstrate how public health care funding is allocated within a community.
This analysis identifies COVID-19–related services through HCPCS codes marked or categorized as “COVID-19” or “coronavirus” in billing data or descriptions. Therefore, the totals reflect only those services distinctly marked as COVID-related in billing and do not include care connected to the pandemic that may fall under other or less specific codes.
By comparison, Clifton reported the highest volume of Medicaid payments linked to COVID-19 services in New Jersey for 2024, with $1,725,516 in claims related to the virus.
In Keyport, the data indicates only Capital Health Laboratory LLC submitted Medicaid claims categorized as COVID-19–related in 2024.
During the pandemic years, services specific to COVID-19 contributed greatly to the increase in Medicaid spending in Keyport.
Overall, Medicaid payments for all other claim categories climbed by $1,315,183 from 2020 to 2024, a growth rate of 425.6%.
The average annual Medicaid payments in Keyport for the two years before the pandemic were $432,871.
According to the Centers for Medicare & Medicaid Services, total Medicaid spending by both federal and state governments reached about $871.7 billion in fiscal year 2023, representing around 18% of total national health expenditures—a significant jump from roughly $613.5 billion in 2019, before the COVID-19 emergency.
This 40% increase over several years was primarily due to expanded program enrollment and increased service use during and following the pandemic.
Recent federal budget moves under the Trump administration have featured key proposals to reduce federal Medicaid contributions and make structural changes to the program. For example, the “One Big Beautiful Bill Act,” enacted in 2025, is set to cut federal Medicaid funding by over $1 trillion in the coming decade and establishes new policies like work requirements and increased cost-sharing, potentially reducing coverage and public funding for some recipients. These adjustments may increase state cost burdens and slow federal Medicaid funding growth, despite the program continuing to serve millions of Americans.
| Year | COVID-19–Related Payments | COVID-19 Payments % Change (YoY) | Total Medicaid Payments |
|---|---|---|---|
| 2024 | $2,277 | -86.8% | $1,626,487 |
| 2023 | $17,193 | -88.9% | $1,212,082 |
| 2022 | $155,286 | -56.3% | $524,303 |
| 2021 | $355,410 | 142.9% | $755,174 |
| 2020 | $146,342 | N/A | $455,369 |
| 2019 | $0 | N/A | $437,656 |
| 2018 | $0 | N/A | $428,085 |
| HCPCS Code | Description | Medicaid Payments | Claims |
|---|---|---|---|
| 87635 | COVID Specific | $2,277 | 363 |
Note: Includes HCPCS codes explicitly labeled for COVID-19 services; totals do not represent all pandemic-related health care spending.
This story uses figures from the U.S. Department of Health and Human Services Medicaid Provider Spending database. To access the source data, click here.











