Silver Book Fact

In the United States, chronic disease accounts for 75% of the more than $2 trillion spent on health care per year.

Paez, Kathryn Anne, Lan Zhao and Wenke Hwang. Rising Out-Of-Pocket Spending For Chronic Conditions: A Ten-Year Trend. Health Affairs. January 2009; 28(1): 15-25. http://content.healthaffairs.org/cgi/content/abstract/28/1/15

Reference

Title
Rising Out-Of-Pocket Spending For Chronic Conditions: A Ten-Year Trend
Publication
Health Affairs
Publication Date
January 2009
Authors
Paez, Kathryn Anne, Lan Zhao and Wenke Hwang
Volume & Issue
Volume 28, Issue 1
Pages
15-25
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Hospital spending accounted for 31% of all money spent on health care in 2005, which was the largest share of overall health spending.  
  • U.S. health care spending increased 6.9% in 2005 to almost $2.0 trillion, or $6,697 a person.  
  • 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%).  
  • Chronic disease cost $42 trillion in treatment costs and economic output.  
  • CBO’s 75-Year Projections for Total National Health Spending