Silver Book Fact

In 2008, overall spending on hospital services reached $718.4 billion.

Hartman M, Martin A, Nuccio O, Catlin A, et al. Health Spending Growth at a Historic Low in 2008. Health Affairs. January 2010; 29(1): 147-55. http://content.healthaffairs.org/cgi/content/full/29/1/147

Reference

Title
Health Spending Growth at a Historic Low in 2008
Publication
Health Affairs
Publication Date
January 2010
Authors
Hartman M, Martin A, Nuccio O, Catlin A, et al.
Volume & Issue
Volume 29, Issue 1
Pages
147-55
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2003, 26.3% of noninstitutionalized Americans between the ages of 65 and 74, and 44% of Americans age 75 and over, had activity limitations caused by chronic conditions.  
  • It is projected that by 2020 the U.S. will spend $685 billion a year in direct medical costs for persons with chronic diseases, and by 2050–$906 billion.  
  • Out-of-pocket spending for health care was $249.4 billion in 2005.  
  • U.S. health care spending increased 6.9% in 2005 to almost $2.0 trillion, or $6,697 a person.  
  • Limitation of activity caused by selected chronic health conditions among older adults, by age: United States, 2006-2007