Silver Book Fact

Fact image

Health Care Costs: 1965-2004

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Even though the proportion of Americans using prescription drugs remained constant between 1996 and 2003, spending per person more than doubled from $424 to $950.  
  • In 2005, national health expenditures were projected to surpass $2 trillion.  
  • Increased use of multiple prescription medications has been shown to raise the risk of adverse drug interactions for older adults. The risk of injury is associated with the use of…  
  • Medicaid spending grew 6.4% in 2007 to $329.4 billion.  
  • The average lenth of a hospital stay in 2007 was 5.6 days.