Silver Book Fact

The health share of the GDP is expected to increase to 16.3% in 2007.

Health Spending Projections Through 2017: The Baby-Boom Generation Is Coming To Medicare. Health Affairs (Web Exclusives) Web site. http://content.healthaffairs.org/cgi/content/abstract/hlthaff.27.2.w145v1. Published February 2008

Reference

Title
Health Spending Projections Through 2017: The Baby-Boom Generation Is Coming To Medicare
Publication
Health Affairs (Web Exclusives)
Publication Date
Published February 2008
Authors
Keehan, Sean, Andrea Sisko, Christopher Truffer, Sheila Smith, Cathy Cowan, John Poisal, M. Kent Clemens
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Family Caregivers are a Critical Source of Support for Americans with Chronic Illnesses  
  • In 2005 older Americans averaged $4,331 in out-of-pocket health care expenditures, an increase of 57% since 1995. In contrast, the total population spent considerably less, averaging $2,766 in out-of-pocket…  
  • More than 60 million new family caregivers each year
    Every year, 61.6 million family caregivers take on the roll of unpaid caregiver to a family member or loved one.  
  • Between 2000 and 2030, the number of Americans with 1 or more chronic conditions will increase by 37%–46 million people.  
  • The lowest annual cost for a one-bedroom in an assisted living facility is in North Dakota ($20,714 excluding community fees) and Arkansas ($20,937 excluding community fees).