Did you know that five percent of the population is responsible for almost 50 percent of healthcare expenditures? A survey by the Federal Agency for Healthcare Research found also that one percent of the population is responsible for 21 percent of healthcare spending. The period of the study was 2008 to 2009.
The agency’s report found that healthcare expenses totaled 1.26 trillion in 2009. Therefore, the top five percent accounted for $630 billion in healthcare spending, and the top one percent accounted for $265 billion.
Perhaps of greater significance for employers and the Federal government, 50 percent of the population account for just 3 percent of all healthcare spending. The top spenders by demographic? People over age 45 and women.