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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
June 28, 2006 at 12:58 PM
U.S. government health care spending appears to be increasing more because of expansion of benefits than because of the aging of the population.
The National Center for Policy Analysis, Dallas, a conservative think tank, has published that assessment in a paper by 2 affiliated researchers, Christian Hagist and Laurence Kotlioff.
The aging of the U.S. population appears to have accounted for only about 25% of the inflation-adjusted increase in U.S. health care spending from 1970 to 2002, while expansion of benefits for people with disabilities and other individuals appears to have accounted for the rest of the increase, the researchers contend.
In the future, the United States probably will benefit from having a much younger population than most other developed countries, but it appears to be on track to experience much greater expansion in benefits than countries such as Canada or Japan, the researchers predict.
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