RT Book, Section A1 Alkema, Gretchen E. A1 Chernof,, Bruce Allen A2 Williams, Brie A. A2 Chang, Anna A2 Ahalt, Cyrus A2 Chen, Helen A2 Conant, Rebecca A2 Landefeld, C. Seth A2 Ritchie, Christine A2 Yukawa, Michi SR Print(0) ID 1100070586 T1 Public Policy Intersecting with an Aging Society T2 Current Diagnosis & Treatment: Geriatrics, 2e YR 2014 FD 2014 PB McGraw-Hill Education PP New York, NY SN 978-0-07-179208-0 LK accessmedicine.mhmedical.com/content.aspx?aid=1100070586 RD 2024/04/18 AB The continuum of care that supports older Americans is at a crossroads. The major policy initiatives framing financing and system design in both the public and private sectors are approximately 50 years old and were designed for a very different time and population. When the Medicare and Medicaid programs became law in 1965, the average life expectancy in the United States was 70 years (Figure 76–1), and most hospitals did not have technologies to significantly prolong life following a life-threatening incident.