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Research Shows Medicare Part D Crowds Out Private Insurance, Public Funds Cut Seniors' Costs

In 2003, the Medicare Modernization Act added a prescription drug benefit for senior citizens—the much-debated and often-controversial Part D. Is Medicare Part D a good or bad program overall? It may not be possible to answer that question, since the drug benefit has positive as well as negative aspects. Economists Gary Engelhardt and Jonathan Gruber have put out an important new paper examining the effects of Part D in great detail. The Heritage Foundation’s Center for Policy Innovation dis...
Jonathan Gruber Gary Engelhardt Massachusetts Institute Of Technology Syracuse University Heritage Foundation Center Medicare Modernization Act

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4M baby boomer homes should hit market each year till 2032

While those born between 1946 and 1964 have largely chosen to age in place, their eventual home downsizing or passing is not likely to result in a large burst of inventory entering the market, according to a report from the MBA’s Research Institute for Housing America.
United States Mark Fleming Gary Engelhardt Maxwell School Of Citizenship Public Affairs At Syracuse University Mortgage Bankers Association

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