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

  • Projected Rise in Cases of Chronic Diseases, 2003-2023  
  • The national median rate for a semi-private nursing home room in 2011 was $193/day.  
  • The national median rate for non-medicare certified, licensed homemaker services (“hands-off” care such as helping with cooking and running errands) in 2010 was $18/hour.  
  • Hospital spending growth increased 7.3% to $696.5 billion in 2007, compared to 6.9% in 2006.  
  • In 2007, Medicare spending grew 7.2% to $431.2 billion.