Silver Book Fact

In 2004, average annual prescription drug costs for noninstitutionalized Medicare enrollees over 65 was $2,107 per person.

Federal Interagency Forum on Aging-Related Statistics. Older Americans 2010: Key Indicators of Well-Being. Washington, DC: US Government Priting Office; 2010. http://www.agingstats.gov/agingstatsdotnet/main_site/default.aspx

Reference

Title
Older Americans 2010: Key Indicators of Well-Being
Publisher
US Government Priting Office
Publication Date
2010
Authors
Federal Interagency Forum on Aging-Related Statistics
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Average annual health care costs for Medicare enrollees age 65 and over, by age group, 1992-2006  
  • The typical caregiver is a 46-year-old woman with at least some college experience, providing more than 20 hours of weekly care to her mother. However, nearly 4 in 10 caregivers…  
  • About 80% of the senior population has 1 or more chronic conditions. Because of these conditions, 25% are limited in their ability to perform activities of daily living.  
  • Average Out-of-Pocket Spending on Health Care by Medicare Beneficiaries, by Type of Supplemental Coverage, 2003  
  • People with 5 or more chronic conditions see an average of close to 14 different physicians and fill 50 prescriptions per year.