Silver Book Fact

“Medicaid spending growth increased slightly in 2005 to 3.9%, while Medicare nursing home expenditures grew 12.0% following growth of 16.2% 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

  • In 2011, the leading causes of death in the U.S. were chronic diseases: heart disease, cancer, chronic lower respiratory diseases, and stroke (cerebrovascular diseases).  
  • In 2004, nursing home and home health care cost the nation $158.4 billion.  
  • Health care spending exceeded 15% U.S. GDP in 2004 ($1.9 trillion) and is expected to increase to as much as 20% by 2015.  
  • In 2005, Medicare spending reached $342.0 billion which was a 9.3% increase. Medicare spending increased 10.3% in 2004.  
  • 133 million Americans have at least one chronic disease–45% of the total population.