Silver Book Fact

The U.S. health care spending increased 6.7% to $2.1 trillion, or $7,026 per person in 2006.

Reference

Title
National Health Spending In 2006: A year of change for prescription drugs
Publication
Health Affairs
Publication Date
January 2008
Authors
Aaron C, Cowan C, Hartman M, Heffler S
Volume & Issue
Volume 27, Issue 1
Pages
14-29
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Two-Thirds of Medicare Spending is For Beneficiaries with Five or More Chronic Conditions  
  • Older Americans spent 12.4% of their total expenditures on health, more than twice the proportion spent by all consumers (5.7%).  
  • Absent policy change, the Congressional Budget Office estimates that Medicare spending will grow at an average of 7% each year from 2010 to 2018, rising to $879 billion annually and…  
  • Hospital spending by Medicare increased 7.7% in 2008–from 4.7% in 2007.  
  • Average Out-of-Pocket Spending on Health Care by Medicare Beneficiaries, by Type of Supplemental Coverage, 2003