Silver Book Fact

Medicare payments for older adults, 2008

Of enrollees aged 65 and over, Medicare paid for 60 percent of their health care costs in 2008.

Federal Interagency Forum on Aging-Related Statistics. Older Americans 2012: Key Indicators on Well-Being; 2012. https://agingstats.gov/docs/PastReports/2012/OA2012.pdf. Accessed July 1, 2015

Reference

Title
Older Americans 2012: Key Indicators on Well-Being
Publication Date
2012
Authors
Federal Interagency Forum on Aging-Related Statistics
URL
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Categories

  • Today's Older Population

Related Facts

  • Increase in 65+ population since 1999
    The 65+ population numbered 39.6 million in 2009–an increase of 4.3 million (12.5%) since 1999.  
  • Medicare payments for older adults, 2008
    Of enrollees aged 65 and over, Medicare paid for 60 percent of their health care costs in 2008.  
  • Older Americans as percentage of population
    More than 1 in 8 (12.9%) of the US population is an older American.  
  • Older Americans living below poverty line, 2013
    In 2013, 9.5% of older Americans were below the poverty line, an increase of 0.4% since 2012.  
  • Increase in American population 45-64
    The number of Americans aged 45-64, who will turn 65 years old over the next two decades, increased by 31% during this decade.