Silver Book Fact

Total health care spending in 2006 is projected to be $2.1 trillion.

Poisal, John A., Christopher Truffler, Sheila Smith, Andrea Sisko, Cathy Cowan, Sean Keehan, Bridget Dickensheets, and National Health Care Expenditures Team. Health Spending Projections Through 2016: Modest changes obscure Part D’s impact. Health Affairs. February 2007; http://content.healthaffairs.org/cgi/content/abstract/hlthaff.26.2.w242

Reference

Title
Health Spending Projections Through 2016: Modest changes obscure Part D’s impact
Publication
Health Affairs
Publication Date
February 2007
Authors
Poisal, John A., Christopher Truffler, Sheila Smith, Andrea Sisko, Cathy Cowan, Sean Keehan, Bridget Dickensheets, and National Health Care Expenditures Team
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • The national average annual cost for a semi-private room (double occupancy) in a Medicare certified nursing home is $62,532 ($171.32/day). This is a 2.3% increase over 2005 rates.  
  • Impact of family caregiving on individual health
    Family caregivers commonly experience poor health and are at increased risk for heart disease, poor immune function, fatigue, depression, and more.  
  • The national median rate for non-medicare certified, licensed homemaker services (“hands-off” care such as helping with cooking and running errands) in 2010 was $18/hour.  
  • Total health care spending in 2006 is projected to be $2.1 trillion.  
  • By 2030, 20% of the population will be people age 65 and older with chronic conditions.