Silver Book Fact

About 80% of the senior population has 1 or more chronic conditions. Because of these conditions, 25% are limited in their ability to perform activities of daily living.

Goldman D, Cutler D, Shang B, Joyce G. The Value of Elderly Disease Prevention. Forum for Health Economics & Policy. 2006; http://www.rand.org/pubs/external_publications/EP20060026.html

Reference

Title
The Value of Elderly Disease Prevention
Publication
Forum for Health Economics & Policy
Publication Date
2006
Authors
Goldman D, Cutler D, Shang B, Joyce G
URL
Read Full Resource

Categories

  • Cost of Disease
  • Age - A Major Risk Factor

Related Facts

  • Public payers are anticipated to become the largest health care funding source in 2016, and pay for more than half of national health spending in 2018.  
  • Average annual health care costs for Medicare enrollees age 65 and over, by age group, 1992-2006  
  • 5 chronic diseases–heart disease, cancer, stroke, chronic obstructive pulmonary disease (COPD), and diabetes–account for more than 2/3 of all deaths.  
  • Total Medicare spending reached $469.2 billion in 2008.  
  • Average annual health care costs for Medicare enrollees age 65 and over, in 2004 dollars, by age group, 1992-2004