Silver Book Fact

Of the total health care spending in Medicare households, 62.9% is spent on health insurance premiums, 18.1% is spent on prescription drugs, 15.3% is spent on medical services, and 3.8% is spent on medical supplies.

Cubanski J, Damico A, Neuman T. Health Care on a Budget: An analysis of spending by Medicare households. Menlo Park, CA: Henry J Kaiser Family Foundation; February 2009. https://kaiserfamilyfoundation.files.wordpress.com/2013/01/7859.pdf

Reference

Title
Health Care on a Budget: An analysis of spending by Medicare households
Publisher
Henry J Kaiser Family Foundation
Publication Date
February 2009
Authors
Cubanski J, Damico A, Neuman T
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • The health care portion of the gross domestic product (GDP) grew from 15.9% in 2007 to 16.2% in 2008.  
  • Nursing home spending growth is expected to remain fairly steady from 2007 through 2010 averaging around 5.0% per year, before a gradual acceleration over the latter half of the projection…  
  • In 2002, the healthy life expectancy at birth was 69 years in the U.S. – 67 years for men and 71 years for women.  
  • People with Multiple Chronic Conditions Are Much More Likely to be Hospitalized  
  • In 2001, 5% of Medicare beneficiaries accounted for 43% of Medicare spending. For these beneficiaries, health care spending averaged around $63,000 per year. The bottom 50% of beneficiaries…