Silver Book Fact

The United States spends more than $26 billion annually on additional health care costs for people over 65 who lose their ability to live independently over the course of a single year.

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Spending on prescription drugs by non-institutionalized Medicare beneficiaries age 65 and older averaged $830 (24% of out-of-pocket spending) in 2003.  
  • Prevalence of Selected Chronic Conditions Among Adults Age 65 and Over, 2000-2001  
  • Hypertension, diabetes, and serious heart conditions among adults 45-64 years of age, by percent of poverty level: United States, 2007  
  • Health Care Spending Related to Chronic Diseases is Dwarfed by the Indirect Costs of These Health Problems  
  • 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…