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

  • Hospital spending by Medicare increased 7.7% in 2008–from 4.7% in 2007.  
  • Average annual health care costs for Medicare enrollees age 65 and over, in 2004 dollars, by age group, 1992-2004  
  • The health care portion of the GDP was 16.0% in 2006, slightly higher than in 2005.  
  • In 2004, hospital spending, which is 30% of national heath expenditures, increased by 8.6%.  
  • CBO’s 75-Year Projections for Total National Health Spending