Silver Book Fact

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.

Hoffman C, Rice D. Chronic Care in America: A 21st century challenge. San Francisco, CA: The Institute for Health and Aging, University of California; 1996. http://www.rwjf.org/files/publications/other/ChronicCareinAmerica.pdf

Reference

Title
Chronic Care in America: A 21st century challenge
Publisher
The Institute for Health and Aging, University of California
Publication Date
1996
Authors
Hoffman C, Rice D
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • Physician and Home Health Care Visits Increase with the Number of Chronic Conditions  
  • Health spending is projected to consistently outpace the gross domestic product (GDP) over the next decade, growing from 16% of the GDP in 2004 to 20% in 2015.  
  • Projected Rise in Cases of Chronic Diseases, 2003-2023  
  • There are an estimated 44 million American adult caregivers (21% of the adult population) who provide unpaid care to an adult. These caregivers are present in 22.9 million households (21%…  
  • In 2004, approximately 8% of those 65 and older incurred no prescription drug costs, but close to 24% incurred $2,500 or more that year.