an In The Media Appearance
"Cutting health care costs" - EurekAlert. 02/04/2019
Health care spending among the Medicare population age 65 and older has slowed dramatically since 2005, and as much as half of that reduction can be attributed to reduced spending on cardiovascular disease, a new Harvard study has found.
Led by David Cutler, the Otto Eckstein Professor of Applied Economics, a team of researchers showed that by 2012, those reductions saved the average person nearly $3,000 a year. Across the entire elderly population, those savings add up to a whopping $120 billion, with about half of those savings coming from Medicare. The study is described in a February 4 paper published in Health Affairs.