When Medicare began funding healthcare for seniors in 1966, there were 5.5 Americans aged 20-64 for every American aged 65 or older. How much did this ratio decline by 2012?
In 2012, there were 4.4 Americans aged 20-64 for every American aged 65 or older, which is a decrease of 20% since 1966. As the baby-boom generation matures and projected life expectancy increases, the Social Security Administration projects that this ratio will decline by 36% by 2020 and by 50% by 2030.
DocumentationMedicare Dependency Ratios