Health Care for the Aging Baby Boom: Lessons from Abroad
AbstractThe economic, social, and political challenges posed by the aging of the population are real in many nations, under virtually any set of assumptions about the future. However, cross-national data on health spending on the elderly, to be presented in the following section, suggest that in health care this challenge appears to be manageable, as long as the nation's health system is being managed smartly. Unfortunately, Americans tend to be unimpressed by cross-national comparisons of health systems, apparently on the axiom that American health care is so vastly superior to that anywhere else on the globe as to render any cross-national comparison irrelevant for American health policy. In deference to that sentiment, the cross-national data presented here are supplemented with data on intra-U.S. variation in health spending on the elderly. Jointly, these cross-national and intranational data suggest that, in the United States, the economic burden of providing health care for the aging baby boom generation is amplified by a poorly managed and needlessly expensive health system.
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Bibliographic InfoArticle provided by American Economic Association in its journal Journal of Economic Perspectives.
Volume (Year): 14 (2000)
Issue (Month): 2 (Spring)
Find related papers by JEL classification:
- I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
- I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
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