Silver Book Fact

Lost workdays and lower employee productivity as a result of chronic disease cost the United States over $1 trillion in 2003.

Milken Institute. The Economic Burden of Chronic Disease on the United States; http://www.chronicdiseaseimpact.com/state_sheet/USA.pdf

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • People with Multiple Chronic Conditions Are Much More Likely to be Hospitalized  
  • In 2003, national health expenditures were 15.3% of the GDP, compared to 5.1% in 1960.  
  • One in Four Americans Has Multiple Chronic Conditions  
  • Total U.S. health expenditures reached $2.1 trillion in 2006, which translates to $7,026 per person or 16% of the nation’s GDP.  
  • From 2008 to 2016, Medicare growth is expected to average 7.6% per year, and represent 20.9% of total national health care expenditures towards the end of the projection period.