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, Catherine and Dorothy P. Rice. 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, Catherine and Dorothy P. Rice
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • Health care spending exceeded 15% U.S. GDP in 2004 ($1.9 trillion) and is expected to increase to as much as 20% by 2015.  
  • The typical caregiver is a 46-year-old woman with at least some college experience, providing more than 20 hours of weekly care to her mother. However, nearly 4 in 10 caregivers…  
  • In 2003, Medicare beneficiaries with excellent health spent $2,845 (16% of their income) on health care.  
  • Growth in national health spending is projected to be 0.4% higher than the GDP. Health spending is expected to grow an average of 2.1% faster per year than GDP, resulting…  
  • National Health Expenditures and Their Share of Gross Domestic Product, 1960-2006