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

  • 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%…  
  • 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…  
  • Physician and Home Health Care Visits Increase with the Number of Chronic Conditions  
  • The national average annual cost for a private room (single occupant) in a Medicare certified nursing home is $70,912 ($194.28/day). This is a 2.2% increase from 2005 rates.  
  • Most older Americans have at least one chronic condition.  From 2006-2008, the most frequently occurring conditions among older Americans were: Hypertension (38%) Diagnosed arthritis (50%) All types of heart disease (32%) Any cancer (22%) Diabetes…