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. http://agingstats.gov/agingstatsdotnet/Main_Site/Data/2008_Documents/OA_2008.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

  • Out-of-Pocket Spending on Health Care by Medicare Beneficiaries, by Type of Expenditure, 2003  
  • Older Adults Are More Likely to Have Chronic Conditions, but Americans of All Ages are Affected  
  • Percentage of noninstitutionalized Medicare enrollees age 65 and over who have limitations in instrumental activities of daily living (IADLs) and who receive personal assistance, by age group, selected years 1992-2007  
  • One Quarter of Individuals with Chronic Illness Also Have Activity Limitations  
  • Spending on prescription drugs by non-institutionalized Medicare beneficiaries age 65 and older averaged $830 (24% of out-of-pocket spending) in 2003.