Silver Book Fact

Fact image

Two-Thirds of Medicare Spending is For Beneficiaries with Five or More Chronic Conditions

Anderson G. Chronic Conditions: Making the case for ongoing care. Washington, D.C.: PhRMA; 2007. http://www.fightchronicdisease.org/sites/default/files/docs/ChronicCareChartbook_FINAL_0.pdf

Reference

Title
Chronic Conditions: Making the case for ongoing care
Publisher
PhRMA
Publication Date
2007
Authors
Anderson G
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Contribution of Key Medical Conditions to Inflation-Adjusted Health Care Spending Growth Among Medicare Beneficiaries, 1987-1997, 1997-2006, and 1987-2006  
  • Distribution of Medicare Enrollees Age 65 and Over Using Assistive Devices and/or Receiving Personal Care for a Chronic Disability, 1984, 1989, 1994, and 1999  
  • People with 5 or more chronic conditions see an average of close to 14 different physicians and fill 50 prescriptions per year.  
  • The national average annual cost for a private room (single occupant) in a Medicare certified nursing home is $70,912 ($194.28/day). This is a 2.2% increase from 2005 rates.  
  • Health spending is projected to consistently outpace the gross domestic product (GDP) over the next decade, growing from 16% of the GDP in 2004 to 20% in 2015.