Evans, R.G.; McGrail, K.M.; Morgan, S.G.; Barer, M.L.; … - Department of Economics, McMaster University - 2001
Illness increases with age. All else equal, an older population has greater needs for health care. This logic has led to dire predictions of skyrocketing costs-- "apocalyptic demography". Yet numerous studies have shown that aging effects are relatively small, and all else is not equal. Cost...