Silver Book Fact

Out-of-pocket health care for seniors in 2010

In 2010, older Americans spent over a third of their Social Security checks on out-of-pocket health care expenses.

Veghte, Benjamin. Health Care Consumes Over a Third of Social Security. Huffington Post. January 22, 2014. http://www.huffingtonpost.com/ben-veghte/health-care-consumes-over_b_4644898.html

Reference

Title
Health Care Consumes Over a Third of Social Security
Publication
Huffington Post
Publication Date
January 22, 2014
Authors
Veghte, Benjamin
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2003, Medicare beneficiaries age 65-74 had the lowest out-of-pocket expenses as a percent of income (18%), while beneficiaries age 85 and older had the highest (30%).  
  • Average annual health care costs for Medicare enrollees age 65 and over, by age group, 1992-2006  
  • 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…  
  • Projected Rise in Cases of Chronic Diseases, 2003-2023  
  • Deaths and death rates for 2006 and age-adjusted death rates and percentage changes in age-adjusted rates from 2005 to 2006 for the 15 leading causes of death: United States, final…