Silver Book Fact

Fact image

Average annual health care costs for Medicare enrollees age 65 and over, in 2004 dollars, by age group, 1992-2004

Federal Interagency Forum on Aging-Related Statistics. Older Americans 2008: Key Indicators of Well-Being. Washington, D.C.: U.S. Government Printing Office; 2008. http://agingstats.gov/agingstatsdotnet/Main_Site/Data/2008_Documents/OA_2008.pdf

Reference

Title
Older Americans 2008: Key Indicators of Well-Being
Publisher
U.S. Government Printing Office
Publication Date
2008
Authors
Federal Interagency Forum on Aging-Related Statistics
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Spending on physician and clinical services is expected to reach $508.5 billion in 2008.  
  • Individuals with Chronic Illnesses and Activity Limitations Have More Home Health Care Visits  
  • On average, the cost of care for a private (single occupancy) room in a Medicare certified nursing home is 17% greater in America’s urban areas than non-urban areas. The greatest…  
  • In 2003, 45% of beneficiaries’ total out-of-pocket health care expenses were for premiums for Medicare Part B, private Medicare plans (primarily HMOs) and private supplemental insurace.  
  • The average prescription drug costs for older Americans in 2004 were $2,107 per person.