Health Care for the Aging Baby Boom: Lessons from Abroad
- 1 May 2000
- journal article
- Published by American Economic Association in Journal of Economic Perspectives
- Vol. 14 (2) , 71-84
- https://doi.org/10.1257/jep.14.2.71
Abstract
The 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.Keywords
This publication has 6 references indexed in Scilit:
- Health Spending, Access, And Outcomes: Trends In Industrialized CountriesHealth Affairs, 1999
- The Political Economy Of MedicareHealth Affairs, 1999
- Use of Cardiac Procedures and Outcomes in Elderly Patients with Myocardial Infarction in the United States and CanadaNew England Journal of Medicine, 1997
- Who Has The Best Health Care System? A Second LookHealth Affairs, 1995
- U.S. Health Care Costs: The Untold True StoryHealth Affairs, 1993
- Hospital Spending in the United States and Canada: a ComparisonHealth Affairs, 1988