Providing health care for an older American costs 3 to 5 times more than for an individual under age 65. As the population ages, the nation’s health care spending is… [ Get More Details ]
The national median rate for a semi-private nursing home room in 2011 was $193/day.
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In 2005 older Americans averaged $4,331 in out-of-pocket health care expenditures, an increase of 57% since 1995. In contrast, the total population spent considerably less, averaging $2,766 in out-of-pocket… [ Get More Details ]
In 2004, Americans aged 65 and older with five or more chronic conditions incurred $3,862 on average, while those with no chronic conditions incurred prescription drug costs at an average… [ Get More Details ]