Silver Book Fact

This year’s outlook for national health spending calls for growth to average 7.2% over the coming decade — 2.1 percentage points faster than projected average annual growth in GDP over the same interval.””

Borger, Christine, Sheila Smith, Christopher Truffer, Sean Keehan, Andrea Sisko, John Poisal, and M. Kent Clemens. Health Spending Projections Through 2015: Changes on the horizon. Health Affairs. 2006; 25(2): w61-w73. http://content.healthaffairs.org/cgi/content/abstract/25/2/w61?maxtoshow=&HITS=10&hits=10&RESULTFORMAT=&fulltext=CMS&andorexactfulltext=and&searchid=1&FIRSTINDEX=0&resourcetype=HWCIT

Reference

Title
Health Spending Projections Through 2015: Changes on the horizon
Publication
Health Affairs
Publication Date
2006
Authors
Borger, Christine, Sheila Smith, Christopher Truffer, Sean Keehan, Andrea Sisko, John Poisal, and M. Kent Clemens
Volume & Issue
Volume 25, Issue 2
Pages
w61-w73
URL
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Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • From 2008 to 2016, Medicare growth is expected to average 7.6% per year, and represent 20.9% of total national health care expenditures towards the end of the projection period.  
  • Spending on physician and clinical services reached $496.2 billion in 2008.  
  • Average Out-of-Pocket Spending on Health Care by Medicare Beneficiaries, by Income as a Percent of Federal Poverty Level, 2003  
  • Medicare-covered physician and home health care visits per 1,000 Medicare enrollees age 65 and over in fee-for-service, 1992-2007  
  • At least 80% of older Americans live with at least 1 chronic condition. 50% live with at least 2 chronic conditions.