Long-Term Care Crisis Looms in the US and Asia as Aging Populations Grow

Long-Term Care Crisis Looms in the US and Asia as Aging Populations Grow BY: Matt McCann The United States is experiencing a significant increase in the number of individuals over 65. As the Baby Boomer generation ages, this population will grow rapidly over the coming decades.  In contrast, many Asian nations, such as Taiwan, have experienced an even more dramatic increase in their older adult population. According to the Ministry of the Interior in Taiwan, the proportion of the population aged 65 and older increased from 7.09% in 1993 to 15.51% in 2020 (Ministry of the Interior, Taiwan, 2020).  This…

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