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

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  • In 2004, around 8% of older Americans incurred $2,500 or more in prescription drug costs.  
  • Death rates for selected leading causes of death among people age 65 and over, 1981-2004  
  • In 2003, the U.S. spent $1.7 trillion on health, an average of $5,671 per person.  
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