Under the current structure of Medicare, the movement of the baby boom generation into the retirement phase of life will
A) reduce the overall demand for medical services because the elderly will not have to pay for hospitalization in the future.
B) place downward pressure on healthcare prices.
C) cause Medicare expenditures to increase and necessitate the need for higher taxes to finance the program.
D) do all of the above.

Question

Quizplus · Accepted Answer

The influx of the baby boom generation into retirement will increase the number of Medicare beneficiaries, leading to higher expenditures and potentially requiring increased taxes to sustain the program.

Under the Current Structure of Medicare, the Movement of the Baby