“Though Much Is Taken”: Reflections on Aging, Health, and Medical Care

Victor Fuchs

Chapter 33 in Health Economics and Policy:Selected Writings by Victor Fuchs, 2018, pp 403-424 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Less than one score years ago this nation brought forth a new system of financing health care for the elderly — Medicare. This system, conceived as part of a broad thrust toward a “Great Society” and dedicated to the proposition that high-quality medical care should be freely available to all persons aged 65 and over, is now the subject of intense reexamination. It is altogether fitting and proper that this be done. The rapid rate of growth of health care expenditures, the growing resistance to further increases in governmental taxes or deficits, and the changing circumstances of the elderly make this an appropriate time to ask (and attempt to answer) basic questions about the economic and social forces that affect this age group and this program…

Keywords: Health; Medical Care; Health Policy; Economics; Health Care Reform; Health Insurance (search for similar items in EconPapers)
JEL-codes: I15 (search for similar items in EconPapers)
Date: 2018
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Working Paper: "Though Much is Taken" -- Reflections on Aging, Health, and Medical Care (1984)
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