Silver Book Fact

Fact image

Average Out-of-Pocket Spending on Health Care by Medicare Beneficiaries, by Income as a Percent of Federal Poverty Level, 2003

Caplan C, Brangan N. Out-of-Pocket Spending on Health Care by Medicare Beneficiaries Age 65 and Older in 2003. Washington, DC: AARP; 2004. http://www.aarp.org/research/medicare/outofpocket/aresearch-import-912-DD101.html

Reference

Title
Out-of-Pocket Spending on Health Care by Medicare Beneficiaries Age 65 and Older in 2003
Publication
Data Digest: AARP Public Policy Institute
Publisher
AARP
Publication Date
2004
Authors
Caplan C, Brangan N
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Adults 45 years of age and over reporting prescription drug use in the past month for selected drug categories, by age and sex: United States, 1988-1994 and 2003-2006  
  • In 2011, the leading causes of death in the U.S. were chronic diseases: heart disease, cancer, chronic lower respiratory diseases, and stroke (cerebrovascular diseases).  
  • Out-of-pocket spending grew 5.3% in 2007, compared to 3.3% in 2006. This acceleration was mostly due to increased payments for prescription drugs, nursing home services, and nondurable medical supplies.  
  • Average annual health care costs for Medicare enrollees age 65 and over, by age group, 1992-2006  
  • The national median rate of licensed home health aide services in 2011 was $19/hour.