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Medicare Reform: The Larger Picture / Victor R. Fuchs.
- Format:
- Book
- Author/Creator:
- Fuchs, Victor R.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w7504.
- NBER working paper series no. w7504
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2000.
- Summary:
- The Medicare problem' is examined as part of the larger problem of providing for the overall financial needs of the elderly. Several myths about Medicare are discussed, and sources and uses of the elderly's full income' are estimated. The paper explores policy options to deal with technology-induced increases in health care expenditures and excessive dependence of the elderly on transfers from the young. The paper concludes that if Americans wish to continue to enjoy the benefits of medical advances, they will have to work more before and after age 65 and will have to increase substantially their rate of saving.
- Notes:
- Print version record
- January 2000.
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