As medical science finds ways to increase life expectancy, the Medicaid program will have to be increased substantially to pay the added costs of long-term care for the elderly. Alternatively we will have to develop new ways to pay for long-term care, such as new types of insurance. Read more here.
Source: Heymsfeld, David. "Aging Population Will Strain the Resources of the Medicaid Program." AAPD Power Grid Blog. 3 October 2012. <http://www.aapd.com/resources/power-grid-blog/aging-population-will-strain.html>
