Baby Boomers are about to create a record population explosion in the nation’s health care program for seniors.
Starting on Saturday, Baby Boomers begin turning 65 and qualifying for Medicare ”” one every eight seconds. A record 2.8 million will qualify in 2011, rising to 4.2 million a year by 2030, projections show.
In all, the government expects 76 million Boomers will age on to Medicare. Even factoring in deaths over that period, the program will grow from 47 million today to 80 million in 2030.