Silver Book Fact

Medicaid spending grew 6.4% in 2007 to $329.4 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
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Quality-of-care scores were found to decline with age. The percentage of recommended care received by individuals age 18-30 was 57.5%, compared to 52.1% for those 65 and older.  
  • Two-thirds of people over the age of 65 will need long-term care in their lifetimes.  
  • Hospital spending accounted for 31% of all money spent on health care in 2005, which was the largest share of overall health spending.  
  • Prevalence of Selected Chronic Conditions Among Adults Age 65 and Over, 2000-2001  
  • In 2007, the Medicare program had about 44 million enrollees and expenditures of $432 billion, up from $408 billion the previous year. Expenditures for the new Medicare drug program (Part…