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Economic Impact of Chronic Disease, 2003

DeVol R, Bedroussian A, Charuworn A, et al. An Unhealthy America: The economic burden of chronic disease. The Milken Institute; October 2007. http://www.milkeninstitute.org/publications/publications.taf?function=detail&ID=38801018&cat=ResRep

Reference

Title
An Unhealthy America: The economic burden of chronic disease
Publisher
The Milken Institute
Publication Date
October 2007
Authors
DeVol R, Bedroussian A, Charuworn A, et al
URL
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Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • More than 42% of Americans aged 65 and older reported a functional limitation in 2005.  
  • National health spending numbers are projected to reach $2.4 trillion for 2008.  
  • Total hospital spending growth is expected to stay an average of 2% higher than GDP growth between 2006 and 2015.  
  • More than Three-Fifths of Health Care Spending Is on Behalf of People with Multiple Chronic Conditions  
  • Non-institutionalized Medicare beneficiaries age 65 and older spent an average of $3,455 (22% of their income) on healthcare in 2003.