8000 Americas turning 65 each day – 58 million by 2029

The senior population is growing at a greater rate than ever before. Beginning this year, 2011, 8,000 people are turning 65 each day. In just another 18 years we’ll have 58 million Americans over 65. From Marketwire:

FORT LAUDERDALE, FL–(Marketwire – May 31, 2011) – Starting in 2011, 8,000 people are turning 65 every single day and this phenomenon will continue for the next 18 years! That means 58 million Americans will be eligible for a senior health plan and will be entering the Medicare system. This is the first time our country will be witnessing such an occurrence of this magnitude but it’s certainly not the first time citizens will be turning 65 and entering into the Medicare system and deciding between Medicare Supplements or a Medicare Advantage plan. What is different is how these seniors will shop and seek information for this transition — it is going online. The insurance salesman who made an appointment with you weeks in advance to stop by your home and pitch a product from the only insurance carrier he represented regardless of the health insurance premiums you would be paying is gone. Seniors are a large and growing segment of internet users and are going online and comparing health plans, speaking to Agents over the phone, and even purchasing the health plans from the comfort of their own homes.

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