Silver Book Fact

2/3 of Medicare expenditures are for the 9.5 million beneficiaries who have 5 or more chronic conditions.

Medical News Today. Coping with Multiple Chronic Conditions. 21-Jul-2005. http://www.medicalnewstoday.com/medicalnews.php?newsid=27796

Reference

Title
Coping with Multiple Chronic Conditions
Publication Date
21-Jul-2005
Authors
Medical News Today
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2007, Medicare spending grew 7.2% to $431.2 billion.  
  • The most common chronic diseases are costing the U.S. more than $1 trillion per year– which is expected to increase to $6 trillion by the middle of the century.  
  • Average Out-of-Pocket Spending on Health Care by Medicare Beneficiaries, by Type of Supplemental Coverage, 2003  
  • Percent of Persons with Limitations in Activities of Daily Living by Age Group: 2005  
  • In 2003, Medicare beneficiaries with excellent health spent $2,845 (16% of their income) on health care.