Policies for an Aging Society / Edition 1

Policies for an Aging Society / Edition 1

by Stuart H. Altman
     
 

ISBN-10: 0801869072

ISBN-13: 9780801869075

Pub. Date: 06/28/2002

Publisher: Johns Hopkins University Press

One in eight Americans today is over the age of 65, and the proportion will increase dramatically in the future. The aging of the population has begun to drive tax and budget decisions and the federal policy agenda, as policy makers and voters look ahead to enormous demands on the health and income security programs. Indeed, it is projected that Medicare and Social

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Overview

One in eight Americans today is over the age of 65, and the proportion will increase dramatically in the future. The aging of the population has begun to drive tax and budget decisions and the federal policy agenda, as policy makers and voters look ahead to enormous demands on the health and income security programs. Indeed, it is projected that Medicare and Social Security will constitute nearly half the federal budget in the year 2030, when one in five Americans will be over 65.

In Policies for an Aging Society, Stuart H. Altman and David I. Shactman have gathered experts in public and health policy, economics, law, and management to identify the salient issues and explore realistic options. From positions ranging from liberal to conservative, the contributors take a wide view of the philosophical, economic, and programmatic aspects of the social protection programs for elderly Americans. They ask broad questions and propose integrated conceptions of how our society can best provide for the needs of its aging population.

Contributors: Henry J. Aaron, Brookings Institution; Robert H. Binstock, Case Western Reserve University; Peter F. Drucker; Lynn M. Etheredge, George Washington University; Victor R. Fuchs, Stanford University; John Geanakoplos, Yale University; Jonathan Gruber, Massachusetts Institute of Technology; Richard D. Lamm, University of Denver; Theodore R. Marmor, Yale University; Jerry L. Mashaw, Yale University; Olivia S. Mitchell, University of Pennsylvania; Alicia H. Munnell, Boston College; Norman J. Ornstein, American Enterprise Institute for Public Policy Research; Mark V. Pauly, University of Pennsylvania; Rudolph G. Penner, Urban Institute; Wendell E. Primus, Center on Budget and Policy Priorities; C. Eugene Steuerle, Urban Institute; Paul N. Van de Water, Social Security Administration; David Wise, Harvard University; Stephen P. Zeldes, Columbia University.

Johns Hopkins University Press

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Product Details

ISBN-13:
9780801869075
Publisher:
Johns Hopkins University Press
Publication date:
06/28/2002
Edition description:
New Edition
Pages:
424
Product dimensions:
6.00(w) x 9.00(h) x 0.99(d)
Age Range:
18 Years

Table of Contents

Preface
Acknowledgments
Contributors
Pt. IIntroduction
1Overview: Issues and Options for an Aging Population3
2An International Perspective on Policies for an Aging Society34
Pt. IIThe Economic Framework
3Budget Estimates: What We Know, What We Can't Know, and Why It Matters63
4Long-Run Budget Projections and Their Implications for Funding Elderly Entitlements81
5Increased Public Spending on the Elderly: Can We Afford It?109
6The Economic Consequences of Funding Growing Elderly Entitlements127
7The Entitlement Crisis That Never Existed140
Pt. IIIPolicy Alternatives
8The Case for Universal Social Insurance169
9The Moral Imperative of Limiting Elderly Health Entitlements199
10The Merits of Changing to Defined Contribution Programs217
11The Case for Retaining Defined Benefit Programs236
12Private Accounts, Prefunding, and Equity Investment under Social Security266
13Changing Retirement Trends and Their Impact on Elderly Entitlement Programs293
14Aligning Incentives for a National Retirement Policy316
Pt. IVPolitical Realities
15Enacting Reform: What Can We Expect in the Current Political Context?333
16The Politics of Enacting Reform346
17The Financial Problems of the Elderly: A Holistic View378
Index391

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