Silver Book Fact

The average prescription drug costs for older Americans in 2004 were $2,107 per person.

Federal Interagency Forum on Aging-Related Statistics. Older Americans 2008: Key Indicators of Well-Being. Washington, D.C.: U.S. Government Printing Office; 2008. https://agingstats.gov/docs/PastReports/2008/OA2008.pdf

Reference

Title
Older Americans 2008: Key Indicators of Well-Being
Publisher
U.S. Government Printing Office
Publication Date
2008
Authors
Federal Interagency Forum on Aging-Related Statistics
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Health Care Spending Related to Chronic Diseases is Dwarfed by the Indirect Costs of These Health Problems  
  • Total hospital spending growth is expected to stay an average of 2% higher than GDP growth between 2006 and 2015.  
  • Compared to individuals with no chronic conditions, the average per capita spending for someone with 1 chronic condition is more than 2.5 times greater; with 3 chronic conditions is more…  
  • U.S. health care spending is expected to grow 6.7% in 2007, and remain near the same rate through 2017.  
  • Annual health care costs for Medicare enrollees age 65 and over with no chronic disease was, on average, $5,186.  This number rises to $25,132 for those whith five of more…