Silver Book Fact

Medicare could save $26 billion per year if currently healthy older people were able to remain fully independent over the course of a single year.

Guralnik J, Alecxih L, Branch L, Wiener J. Independence for Older Americans: An investment for our nation’s future. Washington, DC: Alliance for Aging Research; 1999. http://www.agingresearch.org/Publications/view/134#.VhXLlflViko

Reference

Title
Independence for Older Americans: An investment for our nation’s future
Publisher
Alliance for Aging Research
Publication Date
1999
Authors
Guralnik J, Alecxih L, Branch L, Wiener J
URL
Read Full Resource

Categories

  • Innovative Medical Research
  • Future Value

Related Facts

  • For each $1 spent on newer pharmaceuticals. $6.17 is saved in total health care spending. $4.44 of this savings is in hospital spending alone.  
  • In an optimistic scenario, more effective prevention and management of disease could save $218 billion in treatment expenditures annually in 2023.  
  • Using Newer Medicines Results in Savings of $111 per Treated Condition  
  • Medicines in Development for Older Americans  
  • Avoidable Productivity Losses, 2023