Silver Book Fact
Nursing home spending growth is expected to remain fairly steady from 2007 through 2010 averaging around 5.0% per year, before a gradual acceleration over the latter half of the projection period (2007-2016), partly as a result of population aging.
Poisal J, Truffler C, Smith S, Sisko A, et al. Health Spending Projections Through 2016: Modest changes obscure Part D’s impact. Health Affairs. 2007; http://content.healthaffairs.org/cgi/content/abstract/hlthaff.26.2.w242