Silver Book Fact

Out-of-pocket spending for health care was $249.4 billion in 2005.

Catlin A, Cowan C, Heffler S, Washington B, et al. National Health Spending In 2005: The slowdown continues. Health Affairs. 2007; 26(1): 142-153. https://www.healthaffairs.org/doi/full/10.1377/hlthaff.26.1.142

Reference

Title
National Health Spending In 2005: The slowdown continues
Publication
Health Affairs
Publisher
Project HOPE
Publication Date
2007
Authors
Catlin A, Cowan C, Heffler S, Washington B, et al.
Volume & Issue
Volume 26, Issue 1
Pages
142-153
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Prescription drug spending growth accelerated in 2006 to 8.5%, partly as a result of Medicare Part D’s impact.  
  • In 2006, 42% of Americans age 75 years and over living in the community reported having a limitation in their usual activity due to a chronic condition, compared with 13%…  
  • The national average annual cost for a semi-private room (double occupancy) in a Medicare certified nursing home is $62,532 ($171.32/day). This is a 2.3% increase over 2005 rates.  
  • Increased use of multiple prescription medications has been shown to raise the risk of adverse drug interactions for older adults. The risk of injury is associated with the use of…  
  • In 2030 there will be a 42% increase in cases of chronic diseases– 230.7 million people.