Silver Book Fact

In 2007, Medicare spending grew 7.2% to $431.2 billion.

Centers for Medicare and Medicaid Services. National Health Expenditures: 2007 Highlights. U.S. Department of Health and Human Services; 2009. http://www.cms.hhs.gov/NationalHealthExpendData/downloads/highlights.pdf

Reference

Title
National Health Expenditures: 2007 Highlights
Publisher
U.S. Department of Health and Human Services
Publication Date
2009
Authors
Centers for Medicare and Medicaid Services
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2030 there will be a 42% increase in cases of chronic diseases– 230.7 million people.  
  • People with Chronic Conditions Account for 83 Percent of all Health Care Spending  
  • This year’s national health spending projection anticipates an average annual growth of 6.9% from 2006 to 2016.  
  • In 2006, health care costs for Medicare enrollees age 65 and older were: 25% for inpatient hospital care 16% for prescription drugs 35% for physician/outpatient services 13% for long-term care facilities  
  • In 2004, national health expenditures were approximately $1.88 trillion.