The cost of providing health care for an older person in the U.S.is about three to five times higher than it is for someone under 65.

Question

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This is true due to the fact that older people tend to have more chronic health conditions that require ongoing care and treatment. Additionally, they may need assistance with activities of daily living or specialized care, such as for dementia or mobility issues. These factors contribute to higher healthcare costs for the elderly population.

The Cost of Providing Health Care for an Older Person