Silver Book Fact

Total Medicare spending reached $469.2 billion in 2008.

Hartman, Micah, Anne Martin, Olivia Nuccio, Aaron Catlin, and the National Health Care Expenditure Accounts Team. Health Spending Growth at a Historic Low in 2008. Health Affairs. January 2010; 29(1): 147-55. http://content.healthaffairs.org/cgi/content/full/29/1/147

Reference

Title
Health Spending Growth at a Historic Low in 2008
Publication
Health Affairs
Publication Date
January 2010
Authors
Hartman, Micah, Anne Martin, Olivia Nuccio, Aaron Catlin, and the National Health Care Expenditure Accounts Team
Volume & Issue
Volume 29, Issue 1
Pages
147-55
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • From 2008 to 2016, combined state and federal Medicaid spending is projected to grow an average of 8.1% per year and to represent 16.4% of national health expenditures by 2016.  
  • In 2008, overall spending on hospital services reached $718.4 billion.  
  • The decade-long projection detailed here expects that nearly $0.20 of every $1.00 spent will be devoted to health by 2016.  
  • In 2006, 43.2 million Americans were covered by Medicare– 7 million disabled.  
  • The U.S. spent 85% of our health care dollars on people with chronic conditions in 2004.