Silver Book Fact

Fact image

Average annual health care costs for Medicare enrollees age 65 and over, in 2004 dollars, by age group, 1992-2004

Federal Interagency Forum on Aging-Related Statistics. Older Americans 2008: Key Indicators of Well-Being. Washington, D.C.: U.S. Government Printing Office; 2008. https://agingstats.gov/docs/PastReports/2008/OA2008.pdf

Reference

Title
Older Americans 2008: Key Indicators of Well-Being
Publisher
U.S. Government Printing Office
Publication Date
2008
Authors
Federal Interagency Forum on Aging-Related Statistics
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2007, growth in national health spending is projected to decelerate slightly to 6.6%, while spending growth among private payers and Medicaid accelerates.  
  • Between 2000 and 2030, the number of Americans with 1 or more chronic conditions will increase by 37%–46 million people.  
  • Projected Rise in Cases of Chronic Diseases, 2003-2023  
  • Spending on prescription drugs is projected to grow 3.5% in 2008–a slowdown of 1.4% from 2007–and reach $235.4 billion. Drug spending growth is expected to rebound to 4.5% in…  
  • In 2006, 43.2 million Americans were covered by Medicare– 7 million disabled.