Silver Book Fact

The U.S. health care spending increased 6.7% to $2.1 trillion, or $7,026 per person in 2006.

Aaron C, Cowan C, Hartman M, Heffler S. National Health Spending In 2006: A Year Of Change For Prescription Drugs. Health Affairs. January 2008; 27(1): 14-29. http://content.healthaffairs.org/cgi/content/abstract/27/1/14

Reference

Title
National Health Spending In 2006: A Year Of Change For Prescription Drugs
Publication
Health Affairs
Publication Date
January 2008
Authors
Aaron C, Cowan C, Hartman M, Heffler S
Volume & Issue
Volume 27, Issue 1
Pages
14-29
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Public spending represents 3/4 of home health spending and is expected to grow to more than 80% by 2015.  
  • U.S. health care spending increased 6.9% in 2005 to almost $2.0 trillion, or $6,697 a person.  
  • More than 42% of Americans aged 65 and older reported a functional limitation in 2005.  
  • In 2007, two-thirds of individuals age 65 and older who had limitation in instrumental activities of daily living received personal assistance.    
  • Public payers are anticipated to become the largest health care funding source in 2016, and pay for more than half of national health spending in 2018.