Education

Projected Costs of Caring For Elderly People

November 29, 2000 1 min read

Spending for the federal government’s two largest programs to support the elderly—Social Security and Medicare—is projected to climb sharply as the baby boom generation enters retirement.

SOURCE: Projections provided by the Social Security Administration and the U.S. Department of Health and Human Services.

A version of this article appeared in the November 29, 2000 edition of Education Week as Projected Costs of Caring For Elderly People