| The Diagnosis and Treatment of Medicare Contributor(s): Rettenmaier, Andrew J. (Author), Saving, Thomas R. (Author) |
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ISBN: 0844742511 ISBN-13: 9780844742519 Publisher: AEI Press OUR PRICE: $19.00 Product Type: Paperback Published: March 2007 Annotation: This is a comprehensive analysis of the Medicare program's long-term fiscal challenges. The authors render with clarity and precision just how and why the economic burden of financing the health care of America's senior citizens will mushroom in the decades ahead. They also address the consequences for future generations of taxpayers and beneficiaries of the various generic remedies--bitter medicine all--available to federal policy makers. This book will have a significant, sobering, and positive impact on the Medicare reform debate, and it will certainly be read carefully by policymakers and researchers around the country involved in Medicare reform. |
| Additional Information |
| BISAC Categories: - Medical | Medicaid & Medicare - Health & Fitness | Health Care Issues |
| Dewey: 368.426 |
| LCCN: 2007007413 |
| Physical Information: 0.61" H x 6.62" W x 8.95" (0.84 lbs) 179 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: The Diagnosis and Treatment of Medicare argues that Medicare is in critical condition. Spending has risen dramatically since the program's inception, growing from about $200 billion to $450 billion over the last decade. Expenditures have consistently grown at twice the rate of inflation, and at times much faster, outstripping economic growth and absorbing a growing share of federal revenue. The situation will only worsen in the coming decades. As the Baby Boom generation reaches 65, Medicare's demands on federal revenues will climb even more sharply. Left unchecked, Medicare spending threatens to crowd out federal funding for education, energy, the environment, defense, and other important policy priorities. Economists Andrew J. Rettenmaier and Thomas R. Saving offer an innovative remedy to Medicare's woes. The Diagnosis and Treatment of Medicare calls for a rethinking of Medicare's financing, its benefit structure and its future. They dissect the existing Medicare program, evaluate a series of previously suggested remedies, and put forward their own "prepayment" solution. |