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“The Economic Returns to Delayed Aging: Promises and Pitfalls”

Dr. Dana Goldman, University of Southern California
Feb 07, 2018 from 12:00 PM to 01:00 PM (America/Los_Angeles / UTC-800)
1130 K Street, Room LL3
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Most medical research remains focused on combating individual diseases, despite robust evidence that delayed aging remains a realistic goal. Using the Future Elderly Model—a microsimulation of future health and spending of older Americans—Professor Goldman compares optimistic “disease specific” scenarios with a “delayed aging” scenario to see their effects on longevity, disability, and Federal spending. Professor Goldman finds that delayed aging is a particularly good investment, as it could increase life expectancy by an additional 2.2 years and save $7 trillion over fifty years. Disease-specific investments have more modest returns, mainly due to competing risks. The fiscal challenges of delayed aging are manageable through modest policy changes. Overall, more research to delay aging appears to be a highly efficient way to forestall disease, extend healthy life, and improve public health—albeit with the potential to exacerbate existing health disparities.

Dana Goldman is the Leonard D. Schaeffer Chair and Distinguished Professor of Pharmacy, Public Policy, and Economics at the University of Southern CalifornD Goldman Photoia. He directs the Schaeffer Center for Health Policy and Economics, a centerpiece of one of the nation’s premier health policy and management programs. He is a former advisor to the Congressional Budget Office, the Fred Hutchinson Cancer Institute, Covered California, and several health care companies. His work has been featured in the New York Times, Wall Street Journal, Washington Post, The Economist, NBC Nightly News, Modern Healthcare, CNN and other media. Dr. Goldman received his B.A. summa cum laude from Cornell University and a Ph.D. in Economics from Stanford University.



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