U.S. Is Unprepared To Care For Wave Of Elderly - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

U.S. Is Unprepared To Care For Wave Of Elderly

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Baby Boomers may find it more difficult to find the specialized care they will need as they age.

The Institute of Medicine predicts a shortage of geriatric health care workers over the next 20-plus years, that is even as the expected 70 million retirees through 2030 will call for greater services.

The study says the problem is a growing number of specialists are not being replaced as they retire.

Also, Medicare and Medicaid pay a large portion of long-term elderly care, and those programs often pay physicians less than what private insurance does.

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