Silver Book Fact

By 2015, national health expenditures are projected to surpass $4 trillion.

Borger C, Smith S, Truffer C, Keehan S, et al. Health Spending Projections Through 2015: Changes on the horizon. Health Affairs. 2006; 25(2): w61-w73. http://content.healthaffairs.org/cgi/content/abstract/25/2/w61?maxtoshow=&HITS=10&hits=10&RESULTFORMAT=&fulltext=CMS&andorexactfulltext=and&searchid=1&FIRSTINDEX=0&resourcetype=HWCIT

Reference

Title
Health Spending Projections Through 2015: Changes on the horizon
Publication
Health Affairs
Publication Date
2006
Authors
Borger C, Smith S, Truffer C, Keehan S, et al
Volume & Issue
Volume 25, Issue 2
Pages
w61-w73
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • Providing health care for an older American costs 3 to 5 times more than for an individual under age 65. As the population ages, the nation’s health care spending is…  
  • Around 13% of all household expenditures in households headed by people age 65 and older were on healthcare expenses, compared to 7% in households headed by people age 55-64.  
  • 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.  
  • There are an estimated 44 million American adult caregivers (21% of the adult population) who provide unpaid care to an adult. These caregivers are present in 22.9 million households (21%…  
  • About 95% of health care spending for older Americans is for chronic diseases.