Policies for an Aging Society

By: Stuart H. Altman (Editor), David I. Shactman (Editor)

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Paperback | 13 September 2002

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424 Pages

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15.3 x 22.9 x 3.0

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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.

Industry Reviews

""This important book is distinguished by its careful attention to all three major programs affording retirement security to the elderly (Social Security, Medicare, and Medicaid), by its admirable insistence on the need to bring both historical and international perspectives to bear on contemporary American welfare state topics, and by its balanced treatment of the political and economic dimensions of critical policy issues.""

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Preface	p. vii
Acknowledgments	p. ix
Contributors	p. xi
Introduction
Overview: Issues and Options for an Aging Population	p. 3
An International Perspective on Policies for an Aging Society	p. 34
The Economic Framework
Budget Estimates: What We Know, What We Can't Know, and Why It Matters	p. 63
Long-Run Budget Projections and Their Implications for Funding Elderly Entitlements	p. 81
Increased Public Spending on the Elderly: Can We Afford It?	p. 109
The Economic Consequences of Funding Growing Elderly Entitlements	p. 127
The Entitlement Crisis That Never Existed	p. 140
Policy Alternatives
The Case for Universal Social Insurance	p. 169
The Moral Imperative of Limiting Elderly Health Entitlements	p. 199
The Merits of Changing to Defined Contribution Programs	p. 217
The Case for Retaining Defined Benefit Programs	p. 236
Private Accounts, Prefunding, and Equity Investment under Social Security	p. 266
Changing Retirement Trends and Their Impact on Elderly Entitlement Programs	p. 293
Aligning Incentives for a National Retirement Policy	p. 316
Political Realities
Enacting Reform: What Can We Expect in the Current Political Context?	p. 333
The Politics of Enacting Reform	p. 346
The Financial Problems of the Elderly: A Holistic View	p. 378
Index	p. 391
Table of Contents provided by Syndetics. All Rights Reserved.

Policies for an Aging Society

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Industry Reviews

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