Monday, January 3, 2011

Medicare To Gain 7,000 New Baby Boomers Per Day In 2011

In 2010, there will be 7,000 new Medicare beneficiaries each day; a total of 2.5 million baby boomers who will swamp America's senior's health care insurance program. According to AARP (American Association for Retired Person's), 70 million individuals are estimated to be Medicare beneficiaries over the next 20 years, compared to 45.2 million in 2008. Economists predict that Medicare's current 3.6% of GDP (gross domestic product) cost will jump to 6...

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