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Medicare: past, present and future
D P Paul1, E D Honeycutt, C B Colburn
1College of Business and Public Administration, Old Dominion University, Norfolk, VA 23529, USA.
Abstract:
The history of the Medicare program, including changes that have been enacted over the years in an effort to control spiraling costs, is reviewed. Medigap insurance and preventive medical care for the elderly are examined, as is the impact of Medicare coverage for the terminally ill. Trends indicate that the Medicare system as presently structured is not financially viable. The question is: what will replace it?
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