Silver Book Fact

Fact image

Major components of health care costs among Medicare enrollees age 65 and over, 1992-2006

Federal Interagency Forum on Aging-Related Statistics. Older Americans 2010: Key Indicators of Well-Being. Washington, DC: US Government Priting Office; 2010. https://agingstats.gov/docs/PastReports/2010/OA2010.pdf

Reference

Title
Older Americans 2010: Key Indicators of Well-Being
Publisher
US Government Priting Office
Publication Date
2010
Authors
Federal Interagency Forum on Aging-Related Statistics
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • 40% of American adults reported that they went without care in 2004 because of costs during the year. This rate is 4 times higher than in the U.K., the benchmark…  
  • 5 chronic diseases–heart disease, cancer, stroke, chronic obstructive pulmonary disease (COPD), and diabetes–account for more than 2/3 of all deaths.  
  • The national median rate for homemaker (or personal care assistant) services in 2011 was $18/hour.  
  • Around 13% of all household expenditures in households headed by people age 65 and older were on healthcare expenses, compared to 7% in households headed by people age 55-64.  
  • The combined cost of treatment expenditures and lost economic output for seven common chronic diseases (cancer, diabetes, heart disease, hypertension, stroke, mental disorders, and pulmonary conditions) totaled $1.3 trillion in…