New medical findings show how misguided this thinking is. Medicare spending on end-of-life care is dropping rapidly, down from 19% to 13% of the Medicare budget since 2000. Living to a ripe old age isn’t a problem. It’s a bargain. Someone who lives to 97 needs only about half as much end-of-life care as someone who dies at 68.
Surprised? Myth has it that the older people get, the sicker they are and the more costly their care. But in truth, disability and chronic illness are declining among the elderly.