Silver Book Fact

Hospital spending by Medicare increased 7.7% in 2008–from 4.7% in 2007.

Hartman M, Martin A, Nuccio O, Catlin A, et al. Health Spending Growth at a Historic Low in 2008. Health Affairs. January 2010; 29(1): 147-55. http://content.healthaffairs.org/cgi/content/full/29/1/147

Reference

Title
Health Spending Growth at a Historic Low in 2008
Publication
Health Affairs
Publication Date
January 2010
Authors
Hartman M, Martin A, Nuccio O, Catlin A, et al.
Volume & Issue
Volume 29, Issue 1
Pages
147-55
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • State Chronic Disease Index  
  • Health spending is projected to consistently outpace the gross domestic product (GDP) over the next decade, growing from 16% of the GDP in 2004 to 20% in 2015.  
  • 99% of Medicare spending is on behalf of beneficiaries with at least 1 chronic condition. 96% of Medicare spending is on behalf of beneficiaries with multiple chronic conditions.  
  • In 2003, Medicare beneficiaries with excellent health spent $2,845 (16% of their income) on health care.  
  • Number of People Reporting Selected Chronic Diseases, 2003