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This projection assumes that health-care spending per elderly person rises broadly in line with living standards.That, however, is not what has happened in the past.
Health care spending per elderly person rises broadly in line with living standards and medical progress, and baby boomers are expected to be more demanding and expensive customers than today's older generation.
Understandable especially as affluence rises broadly.
Similar(55)
Financial stocks rose broadly.
[C6.] Stock Gauges Rise More Than 1% Stocks rose broadly.
Home builder stocks rose broadly after the report.
A1 Stocks rose broadly, with the Nasdaq setting another record.
Stocks rose broadly yesterday, and investors shrugged off the news that Ms. Stewart had been indicted.
After that, it will rise broadly in line with the economy.
Emigration to the Indian subcontinent has been rising broadly since 2004.
Bank stocks rose broadly after Citigroup delivered a strong earnings report.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com