Description
Book SynopsisBy the turn of the century, the largest generation of Americans in history, the Baby Boomers, will be approaching 65 years old. But as the demand for health and long-term care is growing dramatically, health care programs have been shrinking instead of expanding to meet the older generation's needs. In this timely book, John R. Wolfe offers practical solutions to the coming health crisis, exploring innovative ways of developing insurance plans for the care of the large, aging Baby Boom generation and beyond. In previous decades, when younger Americans far outnumbered older ones, retirees could depend on financial support through taxes from the population at large. But as Boomers retire and the work force begins to shrink, there will be a disproportionately large population of retirees to workers. With such a big jump in the percentage of older Americans in the population, fewer workers will be able to to transfer funds, through taxes, to retirees. Moreover, other traditionally reliab
