Silver Book Fact

In 2005, Medicare spending reached $342.0 billion which was a 9.3% increase. Medicare spending increased 10.3% in 2004.

Catlin, Aaron, Cathy Cowan, Stephen Heffler, Benjamin Washington, The National Health Expenditure Accounts Team. National Health Spending In 2005: The slowdown continues. Health Affairs. 2007; 26(1): 142-153

Reference

Title
National Health Spending In 2005: The slowdown continues
Publication
Health Affairs
Publisher
Project HOPE
Publication Date
2007
Authors
Catlin, Aaron, Cathy Cowan, Stephen Heffler, Benjamin Washington, The National Health Expenditure Accounts Team
Volume & Issue
Volume 26, Issue 1
Pages
142-153

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Health Care Spending Related to Chronic Diseases is Dwarfed by the Indirect Costs of These Health Problems  
  • Public payers are anticipated to become the largest health care funding source in 2016, and pay for more than half of national health spending in 2018.  
  • In 2004, around 8% of older Americans incurred $2,500 or more in prescription drug costs.  
  • The health care portion of the GDP was 16%, which was slightly higher than the 15.9% in 2004.  
  • 133 million Americans have at least one chronic disease–45% of the total population.