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How demographics affect Medicare costs
Let me put my biases on the table. First, I like the Medicare program as currently structured and am delighted at any news that costs are growing more slowly. Second, changes were needed to the health-care system to get costs under control, and I hope and expect the Affordable Care Act (ACA) to have a beneficial effect. But it seems a little early to attribute slowing of Medicare costs to the ACA, especially since the slowdown started several years ago. Moreover, I am intrigued by the impact of changing demographics on health-care costs. ….Read More
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