The “oldest old” – generally defined as those aged 80 or 85 and over – are rising as a percentage of total population in both developed and emerging economies. So the question arises about how the healthcare costs of this increasingly frail group should be shared.
In the US, where health expenditure per capita is roughly twice that of any other developed economy, the question is particularly vexed. Recent proposals to rein in Medicare, which provides health care for those aged 65 and over, include measures that would require individuals to pay more from their own pockets than they do right now. Read more