Silver Book Fact

Medicare income in 2006 was $437 billion, and expenditures were $408 billion.

Boards of Trustees. 2007 Annual Report of the Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds; 2007:2. http://www.cms.hhs.gov/ReportsTrustFunds/downloads/tr2007.pdf

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2004, nursing home and home health care cost the nation $158.4 billion.  
  • Growth of chronic conditions in older adults
    The percentage of adults age 65 and older with multiple chronic conditions grew from 37.2% in 1999-2000, to 45.3% in 2009-2010.  
  • In 1998, the care given to people with chronic conditions accounted for 78% of health care spending–Now they account for 85%.  
  • By 2020, 81 million people will have 2 or more chronic conditions.  
  • The Working Population