Of the $377.5 billion aggregate hospital inpatient costs in 2012, 46 percent was for Medicare-covered stays and 16 percent was for Medicaid-covered stays. Thus, patients covered by government payers accounted for at least 62 percent of all hospital costs.
■ More than half of Medicare-covered and uninsured stays were medical (55 percent and 54 percent, respectively). More than half of stays covered by private insurance were surgical (52 percent).
■ Maternal and neonatal stays constituted 27 percent of costs for Medicaid, 15 percent of costs for private insurers, and 4 percent of costs for uninsured patients.
■ Mean hospital costs in 2012 were highest for surgical stays ($21,200)—2.5 times the mean costs for medical stays ($8,500) and nearly five times the mean costs for maternal and neonatal stays ($4,300).
■ Patients aged 45–64 and 65–84 years had the highest mean hospital costs in 2012 ($12,900 and $13,000, respectively), but patients under age 18 had the highest growth in mean costs between 2008 and 2012 (more than 6 percent annually).
■ Among payers of hospital stays, Medicare had the highest mean hospital costs in 2012 ($12,200), but between 2008 and 2012 mean Medicare costs grew at the lowest annual rate (0.9 percent).
■ Average annual growth in aggregate hospital costs slowed from 5.2 percent in the 2003–2008 time period to 2.1 percent in the 2008–2012 time period.
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Published by connie dello buono
Connie Dello Buono is based in Sunnyvale California. Her first ebook is about women's health, Birthing Ways Healing Ways and her recent one is about cancer prevention, Curated Healing Ways. She had helped women have holistic childbirth as childbirth educator, founded Motherhealth, to serve seniors in the bay area with holistic caregivers and blogs at www.clubalthea.com with more than 10,000 health and finance related posts.
Connie trains her own caregivers, which are the favorites of most bay area seniors who are home bound and alone.
She is active in the rehab and nursing facilities, volunteering on music and movement for seniors.
She is a member of Lion's club and offered scholarships to students in the Philippines.
She is active at churchinsunnyvale.us and has Fridays Bible home study in Sunnyvale using the recovery version of the Bible , free at biblesforamerica.us
She loves dancing and teaching and her courses can be found at
https://teachclub.com/@thriveafter60
She is California Life Insurance licensed providing life insurance for older adults with health issues and helping women retire safely with income for life.
at menloassetca.com , she helps with 401k rollover.
3 Benefit plans
- Mortgage protection using term life insurance to pay for mortgage balance in event of death
- Final Expense plan using Single Issue Whole Life Insurance, with cash back, disability benefit and guaranteed in the presence of health issues
- Fixed Index Annuity retirement plan for safe, accessibility, less fees, less taxes, avoids probate as it goes directly to beneficiaries, rate of return with no downside market participation.
She brings compassion and understanding to the needs of her clients, bringing holistic approach in health and life insurance. Her goal is to free families from worries especially during covid with caregivers and life insurance in the presence of health issues, especially for women.
She can be reached at 408-854-1883 , motherhealth@gmail.com
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