Silver Book Fact

“Medicaid spending growth increased slightly in 2005 to 3.9%, while Medicare nursing home expenditures grew 12.0% following growth of 16.2% in 2004.”

Catlin A, Cowan C, Heffler S, Washington B, et al. National Health Spending In 2005: The slowdown continues. Health Affairs. 2007; 26(1): 142-153. https://www.healthaffairs.org/doi/full/10.1377/hlthaff.26.1.142

Reference

Title
National Health Spending In 2005: The slowdown continues
Publication
Health Affairs
Publisher
Project HOPE
Publication Date
2007
Authors
Catlin A, Cowan C, Heffler S, Washington B, et al.
Volume & Issue
Volume 26, Issue 1
Pages
142-153
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • People with Chronic Conditions Account for 83 Percent of all Health Care Spending  
  • Hospital spending by Medicare increased 7.7% in 2008–from 4.7% in 2007.  
  • Major components of health care costs among Medicare enrollees age 65 and over, 1992-2006  
  • Current projections predict a rise in Medicare spending from 2.6% of gross domestic product in 2008 to 9.2% in 2050.  
  • Chronic diseases limit activities of daily living
    One in 4 Americans living with a chronic illness are limited in their activities of daily living.