Silver Book Fact

Medical expenditures of older Americans, 2013

The average out-of-pocket cost for health care expenditures for older Americans in 2013 was $5,069.

Administration on Aging. A Profile of Older Americans: 2014; 2015. http://www.aoa.acl.gov/Aging_Statistics/Profile/2014/docs/2014-Profile.pdf. Accessed July 1, 2015

Reference

Title
A Profile of Older Americans: 2014
Publication Date
2015
Authors
Administration on Aging
URL
Read Full Resource

Categories

  • Today's Older Population

Related Facts

  • Older adults in labor force, 2014
    There were 8.4 million older adults in the labor force in 2014, 4.6 million of whom were men, and 3.8 million of whom were women.  
  • 65+ population in 2006
    The population of Americans 65 years and older was 37.3 million in 2006– 1 in 8 Americans.  
  • Functional limitations in older adults, 2007-2011
    Between 2007 and 2011, the percentage of people aged 65 and over who had moderate to severe functional limitations increased from 29.3% to 32.2%.  
  • 90 and over population in 2006-2008
    In 2006–2008, there were an estimated 1.8 million people aged 90 and over in the United States.  
  • 85+ population growth between 1900 and 2010
    The 85 and over population increased by 5.4 million between 1900 and 2010.