Long-Term Care:

Aging Baby Boom Generation Will Increase Demand and Burden on Federal and State Budgets

GAO-02-544T: Published: Mar 21, 2002. Publicly Released: Mar 21, 2002.

Additional Materials:


Kathryn G. Allen
(202) 512-7059


Office of Public Affairs
(202) 512-4800

As more and more of the baby boomers enter retirement age, spending for Medicare, Medicaid, and Social Security is expected to absorb correspondingly larger shares of federal revenue and crowd out other spending. The aging of the baby boomers will also increase the demand for long-term care and contribute to federal and state budget burdens. The number of disabled elderly who cannot perform daily living activities without assistance is expected to double in the future. Long-term care spending from public and private sources--about $137 billion for persons of all ages in 2000--will rise dramatically as the baby boomers age. Without fundamental financing changes, Medicaid--which pays more than one-third of long-term care expenditures for the elderly--can be expected to remain one of the largest funding sources, straining both federal and state governments.

Nov 20, 2015

Nov 16, 2015

Nov 3, 2015

Oct 30, 2015

Oct 29, 2015

Oct 28, 2015

Oct 23, 2015

Oct 22, 2015

Looking for more? Browse all our products here