Spending on prescription drugs is projected to grow 3.5% in 2008–a slowdown of 1.4% from 2007–and reach $235.4 billion. Drug spending growth is expected to rebound to 4.5% in… [ Get More Details ]
Most older Americans have at least one chronic condition. From 2006-2008, the most frequently occurring conditions among older Americans were:
Diagnosed arthritis (50%)
All types of heart disease (32%)
Any cancer (22%)
Diabetes… [ Get More Details ]
In 2003, Medicare beneficiaries age 65-74 had the lowest out-of-pocket expenses as a percent of income (18%), while beneficiaries age 85 and older had the highest (30%).
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