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Related Experiment Videos

Health care and the elderly.

C Eisdorfer

    Health Matrix
    |March 6, 1986
    PubMed
    Summary

    The current healthcare crisis threatens Medicare, jeopardizing financial security for seniors. Urgent alternative approaches are needed to ensure the elderly can afford long-term care and avoid depleting savings.

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    Area of Science:

    • Healthcare Policy
    • Gerontology
    • Public Health

    Background:

    • The existing healthcare system is failing elderly Americans.
    • Medicare, intended to protect seniors' savings from medical costs, is under severe strain.
    • Current trends jeopardize the financial stability of the elderly and Medicare's solvency.

    Purpose of the Study:

    • To highlight the critical state of Medicare and its impact on the elderly.
    • To underscore the inadequacy of current Medicare coverage for long-term care.
    • To advocate for alternative solutions to ensure elderly financial security.

    Main Methods:

    • Analysis of Medicare's financial trends and projections.
    • Examination of out-of-pocket healthcare expenditures for the elderly.
    • Assessment of Medicare's coverage limitations, particularly for long-term care.

    Main Results:

    • Medicare's Hospital Insurance Trust Fund faces depletion by 1988 if current trends persist.
    • Seniors bear approximately 14% of their healthcare costs.
    • The elderly and their families cover about 45% of long-term care expenses out-of-pocket.

    Conclusions:

    • Medicare's vision of protecting seniors' golden years is becoming unattainable.
    • Significant gaps exist in Medicare coverage, especially for essential long-term care.
    • Alternative healthcare strategies are imperative for the survival and well-being of the elderly population.

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