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

  • Arthritis and other musculoskeletal conditions were the most frequently reported chronic conditions causing limitation of activity. Heart and circulatory conditions were the second leading cause of activity limitation.  
  • Medicaid spending grew 6.4% in 2007 to $329.4 billion.  
  • The national median rate for homemaker (or personal care assistant) services in 2011 was $18/hour.  
  • Medicare beneficiaries with 4 or more chronic conditions are 99 times more likely to be admitted to the hospital for ambulatory sensitive conditions, than Medicare beneficiaries without chronic conditions.  
  • In 2003, national health expenditures were 15.3% of the GDP, compared to 5.1% in 1960.