Silver Book Fact
Older Americans spent 12.4% of their total expenditures on health, more than twice the proportion spent by all consumers (5.7%).
Administration on Aging. A Profile of Older Americans: 2007. Washington, DC: US Department of Health and Human Services; 2008. http://www.aoa.acl.gov/Aging_Statistics/Profile/2007/docs/2007profile.pdf