Silver Book Fact

In 2007, Medicare spending grew 7.2% to $431.2 billion.

Centers for Medicare and Medicaid Services. National Health Expenditures: 2007 Highlights. U.S. Department of Health and Human Services; 2009. http://www.cms.hhs.gov/NationalHealthExpendData/downloads/highlights.pdf

Reference

Title
National Health Expenditures: 2007 Highlights
Publisher
U.S. Department of Health and Human Services
Publication Date
2009
Authors
Centers for Medicare and Medicaid Services
URL
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Categories

  • Cost of Disease
  • Economic Burden

Related Facts

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  • In 2002, the healthy life expectancy at birth was 69 years in the U.S. – 67 years for men and 71 years for women.  
  • In 2006, health care costs for Medicare enrollees age 65 and older were: 25% for inpatient hospital care 16% for prescription drugs 35% for physician/outpatient services 13% for long-term care facilities  
  • The health share of the GDP is expected to increase to 16.3% in 2007.  
  • 2/3 of Medicare expenditures are for the 9.5 million beneficiaries who have 5 or more chronic conditions.