'Perfect storm brewing' that will leave many aging seniors without necessary care, Dem lawmaker warns
Fox News
Rep. Tom Suozzi, D-N.Y., introduced the WISH Act Tuesday, over concerns that the country's aging population will face an at-home-care crisis in the near future.
"Currently, 10,000 Americans every day are turning 65-years-old," Suozzi told reporters during a press call on Tuesday, and, in five years, 6,000 Americans will turn 85 every day. Suozzi also noted that right now, only about 4% of seniors are covered by long-term care insurance.
"One of the main causes of people becoming homeless — new homeless people — is turning 80 years old, because a lot of people are becoming destitute as they get old, and they face what are called, ‘Their inability to conduct daily activities of living,'" Suozzi said. "And right now, very few people have long-term care insurance, and people will end up going into nursing homes. And not only can the nursing homes not handle this volume of people, but the Medicaid system will go bust, and two thirds of the people in America that are in nursing homes are paid for with Medicaid."
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