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.

Older Americans 2012: Key Indicators on Well-Being; 2012. http://www.agingstats.gov/agingstatsdotnet/Main_Site/Data/2012_Documents/docs/EntireChartbook.pdf. Accessed July 1, 2015

Categories

  • Today's Older Population

Related Facts

  • Older adults’ health expenditures
    More than 12 percent of older adults’ expenditures are spent on health.  
  • The aging baby boomers
    The baby boomer group now includes about 78 million Americans–27 million are ages 55-62 and 51 million ages 44-54.  
  • Increase in ethnic/minority populations in older adults, 2003 to 2013
    The percentage of older adults of racial and ethnic populations has increased by 3.7 percent between 2003 and 2013.  
  • Increase in 100+ population between 1990 and 2004
    There were 64,658 persons age 100 and older in 2004 (0.18% of the population). This is a 73% increase from the 1990 figure of 37,306.  
  • Older population living in long-term care facilities
    The ratio of the 65 and older population living in long-term care facilities has decreased.