Silver Book Fact

Fact image

Average annual prescription drug costs and sources of payment among noninstitutionalized Medicare enrollees age 65 and over, 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

  • Percent of older adults with a chronic condition
    In 2011, 80% of older adults in the U.S. had one chronic condition. Half had at least two.  
  • 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  
  • Out-of-pocket health care for seniors in 2010
    In 2010, older Americans spent over a third of their Social Security checks on out-of-pocket health care expenses.  
  • Impact of family caregiving on work
    Seven out of 10 family caregivers have to cut back on work hours, change jobs, or stop working in order to care for their loved one.  
  • Two-thirds of people over the age of 65 will need long-term care in their lifetimes.