Not too long ago, a man named Jonathan in Westchester County reached out to my Senate office for help. A retired older adult on a fixed income, Jonathan was struggling to pay for his multiple medications. He told us that one of these medications โ for his leukemia โ was no longer covered by Medicare because the price had increased to $2,700 a month.
Stories like this are far too common. But they demonstrate just one of the many challenges that older Americans face โ everything from housing and food insecurity to skyrocketing health care costs, insufficient retirement savings, and elder abuse.
There are more than 75 million Americans aged 60 years and older, and that number will rise in the coming years. By 2034, the number of adults 65 and older will be greater than the number of children under age 18. But even as the number of older adults grows, as a nation we are still woefully unprepared to meet the needs of a rapidly aging population.
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