Obamacare and the longevity dividend

“More broadly, Medicare policies should and can sustain what Dan Perry, the CEO of the Alliance for Aging Research, calls, “the longevity dividend,” encouraging the use of innovations that slow aging to extend healthy life. Duke University’s Ken Manton points out the decline in disability and increase in life expectancy from such innovations could “through increased productivity and labor force participation generate an additional $500 billion in wealth and $100 billion in tax revenues per year between 2018 and 2028.” We should encourage work and wealth creation and discourage early reliance on Medicare subsidies. Once on Medicare, we should reward people for getting and staying healthy and not ration the use of such technologies.”

(From an article about “Obamacare” in The American Spectator, August 13, 2010)

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