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Medicare Is Simple
Monday, July 18, 2016
Medicare Spent $34,529 Per Death in 2014
Kaiser Family Foundation recently released an analysis on end-of-life
Medicare spending among seniors. Here are some key findings from the report:
·Among those who died in 2014, Medicare spending per person
peaked at age 73.
·Spending was $33,381 among 85-year-olds and $27,779 among
·For beneficiaries who lived through the entire year, spending
peaked at age 97 ($14,620).
·4% of people on Medicare died in 2014, accounting for 13.5% of
·Medicare spent $34,529/person on people who died in 2014 vs.
$9,121 for those who lived the entire year.
·The share of Medicare spending for people who die dropped from
18.6% in 2000 to 13.5% in 2014.