Health at Older Ages: The Causes and Consequences of Declining Disability among the Elderly

Health at Older Ages: The Causes and Consequences of Declining Disability among the Elderly

Health at Older Ages: The Causes and Consequences of Declining Disability among the Elderly

Health at Older Ages: The Causes and Consequences of Declining Disability among the Elderly

Synopsis

Americans are living longer- and staying healthier longer- than ever before. Despite the rapid disappearance of pensions and health care benefits for retirees, older people are healthier and better off than they were twenty years ago. In Health at Older Ages, a distinguished team of economists analyzes the foundations of disability decline, quantifies this phenomenon in economic terms, and proposes what might be done to accelerate future improvements in the health of our most elderly populations.
This breakthrough volume argues that educational attainment, high socioeconomic status, an older retirement age, and accessible medical care have improved the health and quality of life of seniors. Along the way, it outlines the economic benefits of disability decline, such as an increased rate of seniors in the workplace, relief for the healthcare system and care-giving families, and reduced medical expenses for the elderly themselves. Health at Older Ages will be an essential contribution to the debate about meeting the medical needs of an aging nation.

Excerpt

This volume consists of papers presented at a conference held in Jackson Hole, Wyoming, in October 2004. Most of the research was conducted as part of the program on the Economics of Aging at the National Bureau of Economic Research and was sponsored by the U.S. Department of Health and Human Services, through National Institute on Aging grants P30-AG12810 and R01-AG19805 to the National Bureau of Economic Research, and by a grant from the Mary Woodard Lasker Charitable Trust and Michael E. DeBakey Foundation. Any other funding sources are noted in the individual papers.

Any opinions expressed in this volume are those of the respective authors and do not necessarily reflect the views of the National Bureau of Economic Research or the sponsoring organizations.

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