Senior Citizens, Social Security, And Healthcare Costs

Abstract

Based on an extensive literature review this paper discusses the interrelationships among the increasing numbers of Senior Citizens and the costs of Social Security and healthcare. This discussion includes information on Social Security pertaining to its funding and the Social Security Trust Funds. The paper notes that both the costs of Social Security and healthcare are directly related to improving healthcare. The ongoing improvements in healthcare result in increasing numbers of Senior Citizens who demand further improvements in healthcare. This leads to increases in longevity adding to healthcare and Social Security costs. Finally, the paper demonstrates the underlying complexities and the lack of consensus of possible changes to improve healthcare.