Medicare spending on healthcare for elderly dips, driven by better cardiovascular care Print
Written by Jeff Lagasse | Healthcare Finance   
Monday, 11 February 2019 00:00
Healthcare spending among the Medicare population age 65 and older has slowed dramatically since 2005, and as much as half of that reduction can be attributed to reduced spending on cardiovascular disease, a new Harvard study has found. Led by Otto Eckstein Professor of Applied Economics David Cutler, a team of researchers showed  that by 2012, those reductions saved the average person nearly $3,000 a year. Across the entire elderly population, those savings add up to an impressive $120 billion, with about half of those savings coming from Medicare. The authors say the findings show that that widespread preventative care has the potential to save money.

Last Updated on Wednesday, 13 February 2019 08:53