Silver Book Fact

Fact image

Medicare-covered hospital and skilled nursing facility stays per 1,000 Medicare enrollees age 65 and over in fee-for-service, 1992-2007

Federal Interagency Forum on Aging-Related Statistics. Older Americans 2010: Key Indicators of Well-Being. Washington, DC: US Government Priting Office; 2010. http://www.agingstats.gov/agingstatsdotnet/main_site/default.aspx

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

  • Between 1992 and 2007 skilled nursing facility stays increased from 28 to 81 stays per 1,000 Medicare enrollees.  
  • In 2004, Americans with no chronic conditions incurred about $4,700 on average in health care costs. Those with 5 or more chronic conditions incurred $20,300.  
  • In 2010, national health spending was estimated at $2.6 trillion.  
  • Spending on prescription drugs by non-institutionalized Medicare beneficiaries age 65 and older averaged $830 (24% of out-of-pocket spending) in 2003.  
  • In 2007, Medicare spending grew 7.2% to $431.2 billion.