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, Craig, and Normandy Brangan. Out-of-Pocket Spending on Health Care by Medicare Beneficiaries Age 65 and Older in 2003. Washington, DC: AARP; September 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
September 2004
Authors
Caplan, Craig, and Normandy Brangan
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • The average 75-year-old suffers from 3 chronic conditions and takes 5 prescription medications.  
  • Chronic Diseases are the Leading Causes of Death in the U.S.  
  • The highest average annual cost for a private room (single occupancy) in a Medicare certified nursing home is in Alaska at a cost of $191,140. The next highest cost is…  
  • The health share of the GDP is projected to rise from 16.2% in 2007 to 17.6% in 2009. It is then projected to climb to 20.3% by 2018.  
  • Percentage of Medicare enrollees age 65 and over who have limitations in activities of daily living (ADLs) or instrumental activities of daily living (IADLs), or who are in a facility,…