Silver Book Fact

In 2003, Medicare beneficiaries in fair or poor health had the highest average out-of-pocket health care costs of the health status groups, both in dollars and % of income ($4,000 and 29%).

Caplan C, Brangan N. Out-of-Pocket Spending on Health Care by Medicare Beneficiaries Age 65 and Older in 2003. Washington, DC: AARP; 2004. http://www.aarp.org/research/medicare/outofpocket/aresearch-import-912-DD101.html

Reference

Title
Out-of-Pocket Spending on Health Care by Medicare Beneficiaries Age 65 and Older in 2003
Publication
Data Digest: AARP Public Policy Institute
Publisher
AARP
Publication Date
2004
Authors
Caplan C, Brangan N
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2004, hospital spending, which is 30% of national heath expenditures, increased by 8.6%.  
  • 12.1% of noninstitutionalized Americans in 2003 had activity limitations caused by chronic conditions.  
  • In 2007, growth in national health spending is projected to decelerate slightly to 6.6%, while spending growth among private payers and Medicaid accelerates.  
  • Based on preliminary data from 2004, the top 15 causes of death in the United States in 2004 were: 1. Disease of the heart – 654,092 deaths 2. Malignant neoplasms – 550-270…  
  • About 11% (3.7 million) of older Medicare enrollees received personal care from a paid or unpaid source in 1999.