Archive: Newsroom
The brief’s key findings are: Since the 1980s, computers have increasingly taken on “routine” tasks for jobs that rely on step-by-step instructions, from assembly-line workers to travel agents. Emerging computers, however, can learn to perform “non-routine” tasks, making jobs from truck drivers to loan officers vulnerable to replacement. Despite these advances, humans retain an edg…
The brief’s key findings are: Medicare Part D provides access to prescription drug coverage for seniors and reduces their cost burden by subsidizing premiums and contributing to cost-sharing. The question is, how large is the lifetime subsidy for a typical 65-year-old? The analysis estimates a lifetime subsidy of about $20,000 to $60,000 per person, depending…
