Aging continues to be an issue and have far reaching impact, on the economy, on businesses, on families, and on individuals.
Are you familiar with these statistics?
- The U.S. Census Bureau recently reported that the dependency ratio, or the number of people 65 and older to every 100 people of traditional working ages, is projected to climb rapidly from 22 in 2010 to 35 in 2030.
This time period coincides with the time when baby boomers are moving into the 65 and older age category.
- After 2030, however, the ratio of the aging population to the working-age population (ages 20 to 64) will rise more slowly, to 37 in 2050.
The higher this old-age dependency ratio, the greater the potential burden on taxpayers. Another good reason to explore Long-Term Care Insurance.
With this generation of young adults waiting still longer to have and raise their children, they may not be able to – or have the time and/or means to – care for you.
Long-Term and Short-Term Care Insurance places the means for your care in your hands, so neither you nor your children need to worry about it. Let’s talk about your family situation and what Long-Term and Short-Term Health Insurance can do for you. ~ Elise