When Medicare aboriginal launched in 1966, Americans on boilerplate were younger, lived beneath lives and had beneath admission to big-ticket avant-garde medical care. Today, the affairs is badly popular, alms abundant added benefits—and is branch into a crisis.
In 2011, the aboriginal associates of the babyish bang generation, the demographic appendage that began afterwards World War II, began to about-face 65 and became acceptable for Medicare. Every day, 10,000 added Americans accompany them. Over time, they will cool America’s ranks of seniors, outpacing the advance of those in the workforce whose taxes abutment seniors’ bloom care. This alterity is already abrupt one of America’s best accepted assurance net programs. Could it ability a breaking point?
The afterward seven archive appearance what experts are afraid about—and outline one of the thorniest challenges Congress will charge to solve.
1. Added seniors—way added seniors
In 1966, back Medicare launched, aloof 9.5 percent of Americans were age 65 or older. Today, with the oldest babyish boomers already in that age bracket, the ranks of seniors are growing in numbers and as a allotment of the population—and are accepted to acceleration for years. The alternate blueprint beneath shows how the U.S. will skew earlier in advancing years, abscess the Medicare-eligible population, apparent in red. Move the red slider to see how America’s age contour is
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