The epidemiology of HHV-8-negative/idiopathic multicentric Castleman disease (iMCD) remains incompletely understood. Prior epidemiologic studies of CD and iMCD have been hampered by difficulties in accurate case ascertainment due to lack of uniform diagnostic criteria and a disease-specific International Classification of Diseases (ICD) code. In this study, we provide reliable estimates of CD and iMCD in the US using a novel claims-based algorithm that includes CD specific ICD-10 diagnosis code (D47.Z2) supported by presence of ≥2 claims codes corresponding to the minor criteria from the international evidence-based diagnostic criteria for iMCD. We additionally analyzed the treatment classes and patterns in the clinical course of iMCD patients. Using an administrative claims database of 30.7 million individuals enrolled between January 1, 2017 and December 31, 2018, we identified 254 iMCD patients with an estimated annual incidence and prevalence of 3.4 (95% CI, 1.4 - 9.2) and 6.9 (95% CI, 3.7 - 13.3) cases per million, respectively. Among iMCD patients, 39% received corticosteroid monotherapy, 33.1% received no iMCD-directed treatment, and 9.8% received IL-6 targeted therapy with tocilizumab or siltuximab. Siltuximab, which is the only FDA-approved treatment and established first-line treatment recommendation, was used in only 8.7% of iMCD patients. This study provides the most up to date understanding of the iMCD disease burden in the US and identifies a major unmet treatment need for IL-6 directed therapy in this vulnerable cohort.