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Transcripts For CSPAN3 Key Capitol Hill Hearings 20150328

65. By 2030 that number will have grown by 30 million. And by 2050, that number will have grown by 40 million. So as you can see, the percentage of the old old as you in the orange and yellow boxes in this chart grows very quickly. Again, if you think back to the chart in terms of the amount of per capita spending that increases as people age you see we are looking at a growing number of individuals who, in fact, will be the most expensive portion of the Medicare Program. At the same time we have fewer young people coming in and we have fewer people that are paying payroll taxes to essentially support the program. And, of course, among those who are the most costly and juliet touched on this issue, are those who are dual ebl jiblligible. But Rising Health care costs is also an issue for the beneficiary. As juliet pointed out, as a population theyre not all living in palm beach. They are relatively low income population. Health status and chronic conditions are also significant drivers

Transcripts For CSPAN3 Key Capitol Hill Hearings 20150328

65. By 2030 that number will have grown by 30 million. And by 2050, that number will have grown by 40 million. So as you can see, the percentage of the old old as you in the orange and yellow boxes in this chart grows very quickly. Again, if you think back to the chart in terms of the amount of per capita spending that increases as people age you see we are looking at a growing number of individuals who, in fact, will be the most expensive portion of the Medicare Program. At the same time we have fewer young people coming in and we have fewer people that are paying payroll taxes to essentially support the program. And, of course, among those who are the most costly and juliet touched on this issue, are those who are dual ebl jiblligible. But Rising Health care costs is also an issue for the beneficiary. As juliet pointed out, as a population theyre not all living in palm beach. They are relatively low income population. Health status and chronic conditions are also significant drivers

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