The Organization for Economic Cooperation and Development ranks the United States near the bottom in life expectancy among wealthy nations despite spending more than double per person on health care than the world’s average. Life expectancy at birth in the U.S. was 78.1 years in 2007, less than the OECD...
Tag: health care costs
Institute of Medicine Study Warns Boomers Better Take Care of Themselves
The Institute of Medicine released a report Monday on the health care outlook for the 78 million baby boomers about to begin turning 65. It was not rosy. In short, there aren’t enough specialists in geriatric medicine; insufficient training is available; the specialists that do exist are underpaid; Medicare fails...
Paying for Long Term Care
The majority of baby boomers have not planned accordingly for long-term care expenses and mistakenly believe they have the resources to cover such care. According to a survey released earlier this week by AmericaÛªs Health Insurance Plans (AHIP) among boomers nearing or at age 60, only 25% say they are...
Not Surprisingly Europeans Are Healthier Than Americans
There is a great article in the LA Times today about the health of the Europeans versus Americans. Highlights: “Costly diseases, many of them related to obesity and smoking, are more prevalent among aging Americans than their European peers and add as much as $100 billion to $150 billion a...