Silver Book Fact

Two-thirds of people over the age of 65 will need long-term care in their lifetimes.

Genworth Financial. Genworth Finanical 2010 Cost of Care Survey: Home Care Providers, Adult Day Health Care Facilities, Assisted Living Facilities and Nursing Homes; April 2010

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • The annual out-of-pocket medical costs for chronic disease rose from and average of $427 per American in 1996 to $741 in 2005.  
  • In 2009, half of the adult population in the U.S.—133 million—was living with at least one chronic disease.  
  • The Working Population  
  • Total hospital spending growth is expected to stay an average of 2% higher than GDP growth between 2006 and 2015.  
  • Prevalence of Disease Conditions in the Working Population