Silver Book Fact

In 2005, Medicare spending reached $342.0 billion which was a 9.3% increase. Medicare spending increased 10.3% in 2004.

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

  • Treated Prevalence of the Top-Ten Health Conditions Among Medicare Beneficiaries, 1987, 1997, and 2006  
  • By 2017, U.S. health care spending is expected to grow to more than $4.3 trillion and comprise 19.5% of the GDP.  
  • 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…  
  • One in Four Americans Has Multiple Chronic Conditions  
  • Out-of-pocket health care for seniors in 2010
    In 2010, older Americans spent over a third of their Social Security checks on out-of-pocket health care expenses.