Silver Book Fact

By 2015, spending on nursing home and home health care is expected to double from 2004 to $320.5 billion.

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

  • In 2003, national health expenditures were 15.3% of the GDP, compared to 5.1% in 1960.  
  • The lowest annual cost for a one-bedroom in an assisted living facility is in North Dakota ($20,714 excluding community fees) and Arkansas ($20,937 excluding community fees).  
  • Trends in Informal and Formal Care Among Older Community Residents Receiving Care, 1984-1999  
  • Impact of family caregiving on individual health
    Family caregivers commonly experience poor health and are at increased risk for heart disease, poor immune function, fatigue, depression, and more.  
  • Among older Americans, 6 of the 7 leading causes of death are chronic diseases.