Medicare Chronic Disability Savings

A steady decline in chronic disability among US seniors has savedMedicare billions of dollars, and shows that tax increases and proposed cuts in Medicare benefits are the wrong approach to solving Medicare's financial crisis, says a new study.

The report, conducted at Duke University's Center for Demographic Studies and published in the Proceedings of the National Academy of Sciences, suggests that these Medicare savings are due to medical research and technological advances. The work was supported by the National Institute on Aging.