About 25% of Medicare spending takes place during the last year of life, with less than 5% of that spending for people with a 50% or higher predicted risk of death during the next 12 months. About 5% of beneficiaries die each year. The researchers concluded that end-of-life spending is a poor way to identify "wasteful" spending on Medicare beneficiaries at high risk of death because “those who end up dying are not the same as those who were sure to die.” The majority of those who are near the end of life are sicker, meaning that spending . . .