Silver Book Fact

Nursing home spending reached $138.4 billion in 2008.

Hartman M, Martin A, Nuccio O, Catlin A, et al. Health Spending Growth at a Historic Low in 2008. Health Affairs. January 2010; 29(1): 147-55. http://content.healthaffairs.org/cgi/content/full/29/1/147

Reference

Title
Health Spending Growth at a Historic Low in 2008
Publication
Health Affairs
Publication Date
January 2010
Authors
Hartman M, Martin A, Nuccio O, Catlin A, et al.
Volume & Issue
Volume 29, Issue 1
Pages
147-55
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • American adults age 65 and older use 1/3 of all prescription medications.  
  • The U.S. spent 85% of our health care dollars on people with chronic conditions in 2004.  
  • Older Americans spent 12.4% of their total expenditures on health, more than twice the proportion spent by all consumers (5.7%).  
  • National health spending numbers are projected to reach $2.4 trillion for 2008.  
  • People with Chronic Illnesses and Activity Limitations Have More Inpatient Stays