Health Costs For Minnesota Seniors At Least Double That Of Younger Residents, Study Finds
- Thursday, December 21, 2006, 11:22
- Health Insurance, Seniors / Aging
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Minnesota seniors in their 60s and 70s have health costs double and sometimes triple the amount of spending for state residents in their 30s and 40s, according to a study released Friday by the Minnesota Council of Health Plans, the Minneapolis Star Tribune reports. For the study, researchers evaluated data from reports filed with the Minnesota Health Department and claims data from the council’s members. The study found:
- Health care spending last year increased by 44% for Minnesota residents in their 20s and 40s, by 62% for residents in their 40s through 60s and by 101% for those in their 60s and 70s;
- Minnesota residents at age 40 had health costs averaging $4,519 last year, while those in their 70s had average costs of $11,679 and those in their 80s had average health expenditures of more than $14,700;
- Minnesota residents had health costs totaling $10.7 billion last year, a 21% increase from 2003;
- 31% of the state’s total health care spending was on physician services, 18% was on inpatient hospital costs and 16% was on prescription drugs;
- The state spent $1.9 billion on 24 million prescriptions, a 15% increase from 2003, but an increased use of generic drugs slowed the rise in costs;
- Emergency department visits increased by 2% among privately insured state residents between 2003 and 2005 and increased by 21% among those enrolled in state health insurance programs; and
- Diagnostic imaging expenses increased by 13% to $188.8 million in 2005.
According to the Star Tribune, the report suggests that lower-income Minnesota residents do not seek care for various conditions until they became serious problems. The report’s findings “offer a benchmark to determine if earlier prevention steps now will translate into less health care spending in later years,” the Star Tribune reports (Phelps, Minneapolis Star Tribune, 12/14).
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