Cutler, Disabilty and Aging
Long-term care services for older adults represent a significant share of total health care spending and this share is expected to increase as the "baby boom" generation continues to age. Unlike the broad coverage provided for other kinds of health care services, private insurance policies and Medicare cover only a small portion of total long-term care services.
Fralich, J. (2002). Can mainers afford to pay for long-term care as the "baby boom" generation ages? (Policy Brief). Portland, ME: University of Southern Maine, Edmund S. Muskie School of Public Service, Institute for Health Policy.