Silver Book Fact

The annual out-of-pocket medical costs for chronic disease rose from and average of $427 per American in 1996 to $741 in 2005.

Paez, Kathryn Anne, Lan Zhao and Wenke Hwang. Rising Out-Of-Pocket Spending For Chronic Conditions: A Ten-Year Trend. Health Affairs. January 2009; 28(1): 15-25. http://content.healthaffairs.org/cgi/content/abstract/28/1/15

Reference

Title
Rising Out-Of-Pocket Spending For Chronic Conditions: A Ten-Year Trend
Publication
Health Affairs
Publication Date
January 2009
Authors
Paez, Kathryn Anne, Lan Zhao and Wenke Hwang
Volume & Issue
Volume 28, Issue 1
Pages
15-25
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Public-sector spending on health care increased 7.7% in 2005, compared with 7.8% in 2004.  
  • The national median rate for adult day health care (support services in a community-based, protective setting during any part of a day, but less than 24-hour care) in 2010 was…  
  • On average, the cost of care for a private (single occupancy) room in a Medicare certified nursing home is 17% greater in America’s urban areas than non-urban areas. The greatest…  
  • Current projections predict a rise in Medicare spending from 2.6% of gross domestic product in 2008 to 9.2% in 2050.  
  • As the baby boomers age, deaths from heart disease are projected to increase 2.5 times faster than the population as a whole, and the prevalence of heart disease is projected…