Bob Kerrey’s Op-Ed on Boomer Care

from PHI:

This year the first Baby Boomers started receiving Social Security
benefits. In 2011, they  will become eligible for Medicare — a system
most believe will pay for their long-term care needs.

This is false hope, says Bob Kerrey, a former Nebraska Senator and president of The New School in New York City, who recently wrote a Chicago Tribune opinion piece on the long-term care crisis facing the Baby Boomer generation.

“They are wrong. Just as they were wrong to believe they had plenty
of savings tucked away in the value of their homes and 401(k)
accounts,” he writes.....

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