As Americans age, a demographic crisis looms ...Middle East

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America’s aging population poses a major and mounting challenge for the nation. The elderly’s burgeoning needs for financial aid, caregiving and assistance, together with the rising costs for medical treatment, health care and drugs, are not only overwhelming household budgets, they’re also increasingly straining government resources aimed at the elderly. The annual reports of Social Security and Medicare Trustees released in June found that Medicare hospital insurance and Social Security trust funds are rapidly approaching insolvency, which is expected in six and 13 years, respectively. Elderly people in America constitute the fastest-growing age group. Since the start of the 2

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As Americans age, a demographic crisis looms ...Middle East

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