We all get old and we all get sick before we die when we get old. These days we usually get expensively sick, which is why Medicare has been such an important program for the elderly. Unfortunately, it cannot go on much longer in its current form. Yet a reform of Medicare poses a nasty social dilemma. Highly popular politically, it is deep in trouble economically. Medicare now covers 34 million elderly, but over the next three decades...
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