Silver Book Fact

Of the total health care spending in Medicare households, 62.9% is spent on health insurance premiums, 18.1% is spent on prescription drugs, 15.3% is spent on medical services, and 3.8% is spent on medical supplies.

Cubanski J, Damico A, Neuman T. Health Care on a Budget: An analysis of spending by Medicare households. Menlo Park, CA: Henry J Kaiser Family Foundation; February 2009. https://kaiserfamilyfoundation.files.wordpress.com/2013/01/7859.pdf

Reference

Title
Health Care on a Budget: An analysis of spending by Medicare households
Publisher
Henry J Kaiser Family Foundation
Publication Date
February 2009
Authors
Cubanski J, Damico A, Neuman T
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • The national median rate of adult day health care in 2011 was $60/day.  
  • The average annual rate for home health aides is $25.32. This includes licensed and Medicare-certified home care providers, non-certified but licensed home care providers, and non-certified and non-licensed home care…  
  • In 2004, approximately 8% of those 65 and older incurred no prescription drug costs, but close to 24% incurred $2,500 or more that year.  
  • In 2005, national health expenditures were projected to surpass $2 trillion.  
  • Average Out-of-Pocket Spending on Health Care by Medicare Beneficiaries, by Income as a Percent of Federal Poverty Level, 2003