Silver Book Fact

Prescription drug costs for older Americans

The average prescription drug cost for older Americans was $2,834 in 2008, an amount that has been relatively stable since 2005.

Federal Interagency Forum on Aging-Related Statistics. Older Americans 2012: Key Indicators on Well-Being; 2012. http://www.agingstats.gov/agingstatsdotnet/Main_Site/Data/2012_Documents/docs/EntireChartbook.pdf. Accessed July 1, 2015

Reference

Title
Older Americans 2012: Key Indicators on Well-Being
Publication Date
2012
Authors
Federal Interagency Forum on Aging-Related Statistics
URL
Read Full Resource

Categories

  • Today's Older Population

Related Facts

  • 85+ population growth between 1900 and 2010
    The 85 and over population increased by 5.4 million between 1900 and 2010.  
  • Health status among older Americans with disability
    Of the 65+ Americans who reported a severe disability in 2009, 64% reported their health as fair or poor.  Among those who reported no disability, only 10% reported their health…  
  • Number of older adults in cities, 2013
    In 2013, about 80 percent of older adults resided in metropolitan areas.  
  • Percent of older Americans who are obese
    Almost 30 percent of older Americans were classified as obese in 2014 (according to height and weight self-reports).  
  • Medicare payments for older adults, 2008
    Of enrollees aged 65 and over, Medicare paid for 60 percent of their health care costs in 2008.