Silver Book Fact

Fact image

Out-of-Pocket Spending on Health Care by Medicare Beneficiaries, by Type of Expenditure, 2003

Caplan, Craig, and Normandy Brangan. Out-of-Pocket Spending on Health Care by Medicare Beneficiaries Age 65 and Older in 2003. Washington, DC: AARP; September 2004. http://www.aarp.org/research/medicare/outofpocket/aresearch-import-912-DD101.html

Reference

Title
Out-of-Pocket Spending on Health Care by Medicare Beneficiaries Age 65 and Older in 2003
Publication
Data Digest: AARP Public Policy Institute
Publisher
AARP
Publication Date
September 2004
Authors
Caplan, Craig, and Normandy Brangan
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Lost Productivity by Source, 2003  
  • Growth in hospital spending is expected to increase from 7% (2006) to 7.5% in 2007–partially because of higher Medicaid payment rates.  
  • The combined cost of treatment expenditures and lost economic output for seven common chronic diseases (cancer, diabetes, heart disease, hypertension, stroke, mental disorders, and pulmonary conditions) totaled $1.3 trillion in…  
  • Caregivers cut back on own preventive health
    One in 4 family caregivers cut back on spending for their own preventive health or dental care when caring for a loved one.  
  • In 2004, older Americans with no chronic conditions spent an average of $800 on prescription drugs. Those with 5 or more chronic conditions spent on average $3,862.