Silver Book reference

A Profile of Older Americans: 2007

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    • Almost 37% of older persons reported a severe disability in 2006 and 16% reported that they needed some type of assistance as a result.  
    • In 2005, health costs incurred on average by older consumers consisted of $2,617 (60%) for insurance, $887 (20%) for drugs, $663 (15.3%) for medical services, and $164 (4%) for medical…  
    • Older Americans spent 12.4% of their total expenditures on health, more than twice the proportion spent by all consumers (5.7%).  
    • In 2005 older Americans averaged $4,331 in out-of-pocket health care expenditures, an increase of 57% since 1995. In contrast, the total population spent considerably less, averaging $2,766 in out-of-pocket…  
    • The average length of stay for older Americans has decreased by 6 days since 1980.  
    • In 2005, over 13.2 million persons aged 65 and older were discharged from short stay hospitals. This is a rate of 3,596 for every 10,000 persons aged 65+ which…  
    • Change in 100+ population between 1990 and 2006
      In 2006, there was a 97% increase in the number of Americans aged 100 and older compared to 1990 (73,674 in 2006 compared to 37,306 in 1990).  
    • Increase in 65+ population in 2006
      Census estimates in 2006 showed an annual net increase of almost 500,000 in the number of persons 65 and over.  
    • Growth of 65+ population since 1900
      Since 1900, the number of Americans ages 65 and older has increased twelve times–from 3.1 million to 37.3 million.  
    • Increase in Americans aged 45-64 since 1996
      The population of Americans who will reach 65 over the next two decades, those aged 45-64, has increased 39% since 1996.  
    • 65+ population in 2006
      The population of Americans 65 years and older was 37.3 million in 2006– 1 in 8 Americans.  
    • Health Insurance Coverage of Persons 65+: 2006
      Health Insurance Coverage of Persons 65+: 2006  
    • Percent of Persons with Limitations in Activities of Daily Living by Age Group: 2005  
    • Number of Persons 65+, 1900-2030
      Number of Persons 65+, 1900-2030 (in millions)  
    • Projections for 85+ population, 2010 and 2020
      The number of people age 85 and older is projected to be 6.1 million in 2010, and increase to 7.3 million in 2020.