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URL:  http://boards.fool.com/thought-this-cbo-might-be-of-interest-on-this-30775679.aspx

Subject:  Re: Big Problems wth LongTermCare Insurance Date:  7/13/2013  10:50 AM
Author:  tjscott0 Number:  72602 of 78166

Thought this CBO might be of interest on this subject.
Rising Demand for Long-Term Services and Supports for Elderly People
http://www.cbo.gov/sites/default/files/cbofiles/attachments/...

First, I direct to page 8-exhibit 2[% of adult population that is elderly]

2010:17%
2030:25.2%
2050:26.4%

Then page 19-exhibit 11[current rate of institutionalization-2010]
age 65 to 74: 1.3%
age 75 to 84: 3.5%
age 85 & up: 13%

And finally page 25-exhibit 16[medicare/medicaid spending for long term care]
Not surprising the spending doubles over the next decade due to the size of the boomer generation.

http://www.reuters.com/article/