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Rising Medical Costs a Threat to Senior Care

Added: June 2, 2008 | Time 02:21 | Views: 917

According to a USA Today analysis, medical costs are the biggest reason why government benefits for seniors increased 24 percent above the inflation rate since 2000. From a public health care perspective, the outlook is precarious. In March, Medicare trustees issued a report saying Medicare’s Hospital Insurance Trust Fund will be empty by 2019. Advocacy groups like AARP are working to draw more attention to what many are calling a “healthcare crisis.”

AARP, Business Roundtable, Service Employees Union and the National Federation of Independent Business are campaigning to find solutions for affordable, quality health care and long-term financial security for Americans.

For more information visit: www.aarp.org/issues/dividedwefail

Topics: Aging, Healthcare Finance, Healthcare Policy, Healthcare Reform

Tags: aarp, medicaid, Medicare, prescription drugs. senior care, rebecca fox

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