Silver Book Fact

In 2007, growth in national health spending is projected to decelerate slightly to 6.6%, while spending growth among private payers and Medicaid accelerates.

Poisal J, Truffler C, Smith S, Sisko A, et al. Health Spending Projections Through 2016: Modest changes obscure Part D’s impact. Health Affairs. 2007; http://content.healthaffairs.org/cgi/content/abstract/hlthaff.26.2.w242

Reference

Title
Health Spending Projections Through 2016: Modest changes obscure Part D’s impact
Publication
Health Affairs
Publication Date
2007
Authors
Poisal J, Truffler C, Smith S, Sisko A, et al.
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Chronic disease cost $42 trillion in treatment costs and economic output.  
  • The number of people with chronic conditions exceeded a previous prediction by reaching 125 million in 2000 and will grow to almost 157 million by 2020.  
  • The average 75-year-old suffers from 3 chronic conditions and takes 5 prescription medications.  
  • U.S. health care spending is expected to grow 6.7% in 2007, and remain near the same rate through 2017.  
  • The national median rate for an assisted living facility (one bedroom/single occupancy with non-constant “hands-on” personal and medical care) in 2010 was $3,185/month.