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Old age may not ruin Medicare budgets after all

Americans are living longer—which means we’re all going to be stuck with ever-increasing medical bills for the growing ranks of the elderly, right? Though many analysts think so, a new study says that may not be the case. A new working paper from the National Bureau of Economic Research concludes that disease rates are being “compressed” into the last year or two before death. That means we’re living longer, but also living healthier in our advanced years up until the last year of life. If that’s true, then the aging of the baby boomers may not be the Medicare budget-buster that many fear.

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