Silver Book Fact

Medicaid spending grew 6.4% in 2007 to $329.4 billion.

Centers for Medicare and Medicaid Services. National Health Expenditures: 2007 Highlights. U.S. Department of Health and Human Services; 2009. http://www.cms.hhs.gov/NationalHealthExpendData/downloads/highlights.pdf

Reference

Title
National Health Expenditures: 2007 Highlights
Publisher
U.S. Department of Health and Human Services
Publication Date
2009
Authors
Centers for Medicare and Medicaid Services
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Average out-of-pocket health care spending tends to increase with age. Medicare beneficiaries age 65-74 spent $2,920 out-of-pocket in 2003, while beneficiaries age 85 and older spent $4,615.  
  • Certified home care providers charge the most of any home health aides, averaging $36.22 per hour (a 17% increase over 2005). Non-certified but licensed providers charge an average of $22.15…  
  • The highest annual costs for a one-bedroom in an assisted living facility are in the Bridgeport area in Connecticut ($57,566.52 excluding community fees) and New Jersey state, excluding the Newark…  
  • 11% of caregiving spouses were age 85 or older, up from 8.6% in 1994.  
  • Projected Annual Costs of Chronic Diseases, 2023 (US$ Trillions)