This is a comprehensive analysis of the Medicare program's long-term fiscal challenges. The authors render with clarity and precision just how and why the economic burden of financing the health care of America's senior citizens will mushroom in the decades ahead. They also address the consequences for future generations of taxpayers and beneficiaries of the various generic remedies--bitter medicine all--available to federal policy makers. This book will have a significant, sobering, and positive impact on the Medicare reform debate, and it will certainly be read carefully by policymakers and researchers around the country involved in Medicare reform.
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