Medicare Reform: The Larger Picture
将医保问题置于老年人整体财务需求中审视，驳斥常见误解，估算老年人“全额收入”来源与用途，探讨应对技术驱动医疗支出增长及过度依赖代际转移的政策选项。
The “Medicare problem” is examined as part of the larger problem of providing for the overall financial needs of the elderly. Several myths about Medicare are discussed, and sources and uses of the elderly's “full income” are estimated. The paper explores policy options to deal with technology-induced increases in health care expenditures and excessive dependence of the elderly on transfers from the young. The paper concludes that if Americans wish to continue to enjoy the benefits of medical advances, they will have to work before and after age 65 and will have to increase their rate of saving substantially.