Silver Book Fact

In 2004, Americans with no chronic conditions incurred about $4,700 on average in health care costs. Those with 5 or more chronic conditions incurred $20,300.

Federal Interagency Forum on Aging-Related Statistics. Older Americans 2008: Key Indicators of Well-Being. Washington, D.C.: U.S. Government Printing Office; 2008. https://agingstats.gov/docs/PastReports/2008/OA2008.pdf

Reference

Title
Older Americans 2008: Key Indicators of Well-Being
Publisher
U.S. Government Printing Office
Publication Date
2008
Authors
Federal Interagency Forum on Aging-Related Statistics
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Percent of older adults with a chronic condition
    In 2011, 80% of older adults in the U.S. had one chronic condition. Half had at least two.  
  • In 2005, health costs incurred on average by older consumers consisted of $2,617 (60%) for insurance, $887 (20%) for drugs, $663 (15.3%) for medical services, and $164 (4%) for medical…  
  • The Gallup Healthways Well-Being Index found that 24% of those surveyed were not able to perform their usual activities on 1 or more days during the previous month because of…  
  • In 2004, the leading causes of death among Americans aged 65 and older were: – Heart disease (1,418 deaths per 100,000 people) – Cancer (1,052 per 100,000) – Stroke (346 per 100,000) – Chronic…  
  • Home health care spending is projected to reach $64.4 billion in 2008.