Silver Book Fact

Out-of-pocket health care expenditures for older Americans, 2009

In 2009, older Americans had average out-of-pocket health care expenditures of $4,846–an increase of 61% since 1999.  The average for Americans of all ages was $3,126.  Older Americans also spent 12.9% of their total expenditures on health–more than twice that spent by all health care consumers.

Administration on Aging. A Profile of Older Americans: 2010. Washington, DC: US Department of Health and Human Services; 2011. https://www.acl.gov/sites/default/files/Aging%20and%20Disability%20in%20America/2010profile.pdf

Reference

Title
A Profile of Older Americans: 2010
Publisher
US Department of Health and Human Services
Publication Date
2011
Authors
Administration on Aging
URL
Read Full Resource

Categories

  • Today's Older Population

Related Facts

  • Health Insurance Coverage of Persons 65+: 2006
    Health Insurance Coverage of Persons 65+: 2006  
  • Number of older adults who experience depression
    About 7 million older adults experience depression.  
  • Older Americans as percentage of population
    More than 1 in 8 (12.9%) of the US population is an older American.  
  • Older American education levels
    Among the 90-and-older population, about one-third (33.7 percent) stopped after high school graduation. Nearly 28 percent continued their education beyond high school, about half of whom completed a bachelor’s degree…  
  • Older adults as percentage of U.S. labor force
    In 2014, older adults represented 5% of America’s labor force.