Author(s): Torrey BB
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Abstract The federal government considers all persons aged 65 and over a single beneficiary group, and data collectors consider them a single cohort. As a result, the very old (80 years and over) are virtually invisible; little is known about their specific income benefits and economic resources. Costs for the very old--a more economically diverse group than the nonaged--are likely to grow disproportionately. Recent proposals to share costs will affect the distribution of income and assets among the aged and between generations.
This article was published in Milbank Mem Fund Q Health Soc
and referenced in Journal of Gerontology & Geriatric Research