Health care expenditures for the elderly: a current and future dilemma.
Financing health care for the elderly is becoming a familiar topic in the popular press. Considering that those aged 65 yr and older constitute 12% of the population and consume about 30% of all health care expenditures, health care financing for the elderly makes a timely and interesting topic. In this paper the financing issue is addressed. With the elderly, on average, becoming more affluent, the issue of self-financing must be explored. This of course does not mean the elimination of Medicare but possibly development of a different/alternative approach. As part of our analysis, the potential political pressure from the younger generation is considered.
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School of Management, State University of New York, Buffalo 14260.
D000368:Aged; D005380:Financing, Government / Q000379:methods*; D005544:Forecasting; D005102:Health Expenditures / Q000706:statistics & numerical data*; D006299:Health Services for the Aged / Q000639:trends*; D006801:Humans; D012959:Socioeconomic Factors; D013660:Taxes; D014481:United States