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.

Categories

  • Innovative Medical Research
  • Future Value

Related Facts

  • In an optimistic scenario, more effective prevention and management of disease could save $218 billion in treatment expenditures annually in 2023.  
  • Costs That Can Be Avoided, 2003-2023  
  • “In 1985, the age adjusted nursing home residence rate was 54 people per 1,000 age 65 and over. By 2004 this rate had declined to 35 people per 1,000. Among…  
  • Every $1 invested in newer medications saves $7 in other costs.  
  • The share of elderly with impairments in their ability to live independently went down between 1% and 1.5% annually between 1984 and 2004, compared to the historical annual decline in…