Silver Book Fact

Freestanding home health care spending continued to grow in 2005, increasing 11.1%, which was the 3rd straight year of double-digit growth. Home health care spending was the fastest growing health spending category between 2003 and 2005.

Catlin, Aaron, Cathy Cowan, Stephen Heffler, Benjamin Washington, The National Health Expenditure Accounts Team. National Health Spending In 2005: The slowdown continues. Health Affairs. 2007; 26(1): 142-153

Reference

Title
National Health Spending In 2005: The slowdown continues
Publication
Health Affairs
Publisher
Project HOPE
Publication Date
2007
Authors
Catlin, Aaron, Cathy Cowan, Stephen Heffler, Benjamin Washington, The National Health Expenditure Accounts Team
Volume & Issue
Volume 26, Issue 1
Pages
142-153

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Total spending on health care is projected to reach $4.1 trillion by 2016.  
  • Hospital spending is projected to reach $746.5 billion in 2008.  
  • By 2015, national health expenditures are projected to surpass $4 trillion.  
  • Among Americans aged 65 and older, heart disease and cancer are the top two leading causes of death.  
  • Non-institutionalized Medicare beneficiaries age 65 and older spent an average of $3,455 (22% of their income) on healthcare in 2003.