Silver Book Fact

In 2003, Medicare beneficiaries in fair or poor health had the highest average out-of-pocket health care costs of the health status groups, both in dollars and % of income ($4,000 and 29%).

Caplan, Craig, and Normandy Brangan. Out-of-Pocket Spending on Health Care by Medicare Beneficiaries Age 65 and Older in 2003. Washington, DC: AARP; September 2004. http://www.aarp.org/research/medicare/outofpocket/aresearch-import-912-DD101.html

Reference

Title
Out-of-Pocket Spending on Health Care by Medicare Beneficiaries Age 65 and Older in 2003
Publication
Data Digest: AARP Public Policy Institute
Publisher
AARP
Publication Date
September 2004
Authors
Caplan, Craig, and Normandy Brangan
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2002, the healthy life expectancy at birth was 69 years in the U.S. – 67 years for men and 71 years for women.  
  • Health Care Costs: 1965-2004  
  • Medicare beneficiaries with 4 or more chronic conditions are 99 times more likely to be admitted to the hospital for ambulatory sensitive conditions, than Medicare beneficiaries without chronic conditions.  
  • The national median rate for non-medicare certified, licensed home health aide services (non-medical “hands-on” care such as activities such as bathing, dressing and transferring) in 2010 was $19/hour.  
  • Older Americans spent 12.4% of their total expenditures on health, more than twice the proportion spent by all consumers (5.7%).