Elderly care costs are rising as the elderly population increases as does life expectancy. The elderly population is expected to double within the next 25 years according to the National Institute on Aging (NIA) and approximately 10,000 baby boomers will turn 65 every day according to US News & World Report (A Place for Mom). By 2030, overall healthcare spending is expected to increase by 25%. 80% of seniors over the age of 65 suffer from at least one chronic medical condition that could shorten their life or cause disability (Medical News Today). The cost of healthcare is increasing due to the cost of new technologies. The newer the technology, the higher the price of treatment. Technology is constantly improving, forcing medical facilities to purchase new and improved technological equipment. Malpractice insurance is on the rise (there was a 15% increase from 2000 to 2002) and ultimately influences the prices doctors charge for their services (ABC News). The increasing level of obesity in our country is affecting the overall health of individuals and is increasing the cost of healthcare for that individual. As the elderly population grows, so does the need for care, whether assisted living, in-home or in-home care. or a nursing home. According to Genworth's 2012 “Cost of Care Survey,” costs in urban areas far exceed those in non-urban areas. A two-room apartment in an urban area costs 15.2% more than in a non-urban area and 14% more for a room in a private nursing home in an urban area (A Place for Mom). Here is a table breaking down the costs between each type of care that I found very informative regarding the care available: Type of Care Home Care Nur......middle of paper......rival room. There are many other things to consider when trying to determine/make a decision on what type of care you need besides cost. Of course, the most cost-effective care would be that provided by a family member, but this is not always an option. You really have to do your research when trying to find the best type of care or what type of facility is best. This should not be something that should be rushed into. Works Cited Elderly Care Cost Comparison, A Place for Mom, April 4, 2012, web (www.aplaceformom.com). Elderly Care Cost Rising, Requires Prevention, Medical News Today, March 13, 2007, web (www.medicalnewstoday.com). Health Care Costs: Expenses Hurt Seniors Most, Huffington Post, September 6, 2012, web (www.huffingtonpost.com). Why health care costs keep rising: What you need to know., ABC News, March 9, 2010, web (www.abcnews.go.com).