The looming crisis in caregiving; Even if they can afford to pay, the elderly may not be able to find the help they need

By Alfred C. Clapp Jr., October 5, 2008, Investment News. Makes the case why having long-term care insurance that covers private care will become even more crucial for today’s Baby Boomers, as they age. In 10 years, the number of people over age 65 will double and comprise over 20% of the U.S. population, and the number over 80 will quadruple, while the number of available professional caregivers will not keep pace.

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