Centre for Policy on Ageing
 

 

How Medicare should and should not control expenditures
Author(s)Thomas Rice
Journal titleAging Health, vol 9, no 2, April 2013
PublisherFuture Medicine, London, April 2013
Pagespp 127-129
Sourcehttp://www.futuremedicine.com/loi/ahe
KeywordsHealth services ; Health insurance ; Expenditure [elderly] ; Social policy ; United States of America.
AnnotationIn 2011 the first US baby boomers, who were born in 1946, reached the age of 65 years and became eligible for Medicare. The proportion of senior citizens in the population will rise dramatically from now on and this demographic `time bomb' is fuelling worries that Medicare will go bankrupt. This article explores ways in which Medicare can save money and balance healthcare costs. These include shifting from government-sponsored to private insurance and relying more on competition _ i.e. increased use of Medicare's strong purchasing position to obtain lower prices. (JL).
Accession NumberCPA-130412214 A
ClassmarkL: WPG: J3: TM2: 7T

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