Article Image
News Link • Healthcare

Automation and Longevity Impacts on Social Security and Medicare

•, Brian Wang

They believe that if breakthrough medicine reduced the death probability each year three times, then this would bankrupt social security or Medicare. If someone who was 90 had one-third the death probability then it would be like they were 80 before the improvement. They went from a 16% chance of dying in that year back to 5.9% when they were 80. In order for there chance of dying to drop that dramatically then their overall health would have to massively improve. If the medical breakthrough could drop the chance of death for someone who is 90 by about 60 times, then the chance of dying and health would be that of someone who was 50. They would have 0.5% chance of dying in that year. The health improvement would reduce the costs on Medicare.

Join us on our Social Networks:


Share this page with your friends on your favorite social network: