Silver Book Fact

In 2004 and 2005, hospital spending continued to grow quickly by 7.9% each year and accounted for the largest share of the overall spending increase in both years.

Catlin, Aaron, Cathy Cowan, Stephen Heffler, Benjamin Washington, The National Health Expenditure Accounts Team. National Health Spending In 2005: The slowdown continues. Health Affairs. 2007; 26(1): 142-153

Reference

Title
National Health Spending In 2005: The slowdown continues
Publication
Health Affairs
Publisher
Project HOPE
Publication Date
2007
Authors
Catlin, Aaron, Cathy Cowan, Stephen Heffler, Benjamin Washington, The National Health Expenditure Accounts Team
Volume & Issue
Volume 26, Issue 1
Pages
142-153

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • The hospitalization rate in 2007 was 336 stays per 1,000 Medicare enrollees.  
  • Out-of-pocket spending grew 5.3% in 2007, compared to 3.3% in 2006. This acceleration was mostly due to increased payments for prescription drugs, nursing home services, and nondurable medical supplies.  
  • This year’s outlook for national health spending calls for growth to average 7.2% over the coming decade — 2.1 percentage points faster than projected average annual growth in GDP over…  
  • 46 million more Americans are projected to have at least one chronic condition in 2030 than in 2000.  
  • In 2003, Medicare beneficiaries with excellent health spent $2,845 (16% of their income) on health care.