Social Insurance: A Critical Base for Financing Long-Term Services and Supports

America is graying – fast. Although much attention has been paid to baby boomers who are qualifying for Medicare at the rate of 10,000 a day, the most rapidly growing segment of the population is individuals over the age of 85, who have significantly higher rates of disability.

Long-Term Care Financing

As the median age of the population increases over the next two decades, the demand for long-term services and supports (LTSS) is expected to increase sharply. The issue, however, is not limited to older adults – about 40 percent of individuals who need LTSS are under the age of 65. The nation is ill-prepared to meet this complex demographic challenge.