Older adult falls lead to substantial medical costs
In 2015, the estimated medical costs attributable to both fatal and nonfatal falls in older US adults was approximately $50 billion. The findings come from a recent analysis published in the Journal of the American Geriatrics Society.
For nonfatal falls in adults aged 65 and older, Medicare paid approximately $28.9 billion, Medicaid $8.7 billion and private and other payers $12.0 billion. Overall medical spending for fatal falls was estimated to be $754 million.
"Preventive strategies that reduce falls among older adults could lead to a substantial reduction in health care spending," wrote the authors.