Seniors’ Long Term Care Costs Growing as Medical Costs Slow Down
In the study, “Explaining the Slowdown in Medical Spending Growth Among the Elderly,” published in the February edition of the journal Health Affairs, Harvard health economist David Cutler and his research team note that Medicare spending from 1992-2004 grew by 3.8% per year, while Medicare spending only grew 1.1% from 2005-2012. A truly remarkable trend! […]