CONCORD, N.H. (AP) — A think tank is predicting a "silver tsunami" in the next decade as baby boomers begin to reach age 65 in large numbers in New Hampshire and shift more health care costs to public programs such as Medicare and Medicaid.
The New Hampshire Center for Public Policy Studies issued a report Wednesday titled "Coming in 2020: New Hampshire's 'Silver Tsunami.'" It predicts the age shift will peak in the next decade and by 2030, nearly 500,000 residents — almost one-third of the population — will be over age 65. Currently, nearly 14 percent of state residents are over 65.
"An aging population will require a different mix of social, health, housing and other services than the current population mix now demands. The full impact of this change remains to be seen," the study concludes.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
