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

  • In 2002, 61% of all deaths of those age 65 and older were caused by heart disease (32%), cancer (22%), and stroke (8%).  
  • 1.7 million Americans die from a chronic disease each year–7 out of 10 deaths in the United States.  
  • State Chronic Disease Index  
  • The health share of the GDP is expected to hold steady in 2006 before it resumes a historical upward trend, reaching 19.6% of GDP by 2016.  
  • Home health spending increased 11.3% (to $59 billion) in 2007.