Silver Book Fact

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More than Three-Fifths of Health Care Spending Is on Behalf of People with Multiple Chronic Conditions

Partnership for Solutions. Chronic Conditions: Making the case for ongoing care-September 2004 update. Baltimore, MD: Johns Hopkins University; 2004

Reference

Title
Chronic Conditions: Making the case for ongoing care-September 2004 update
Publisher
Johns Hopkins University
Publication Date
2004
Authors
Partnership for Solutions

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2007, Medicare spending grew 7.2% to $431.2 billion.  
  • Almost 37% of older persons reported a severe disability in 2006 and 16% reported that they needed some type of assistance as a result.  
  • Lost workdays and lower employee productivity because of hypertension cost $279.5 billion– the highest amount among chronic diseases.  
  • In 2003, Medicare beneficiaries age 65-74 had the lowest out-of-pocket expenses as a percent of income (18%), while beneficiaries age 85 and older had the highest (30%).  
  • In 2007, growth in national health spending is projected to decelerate slightly to 6.6%, while spending growth among private payers and Medicaid accelerates.