Health Care for the Next 20 Years .

One of the major ways for investors to make money over the next 20 years will be in the health care sector. The reason can be summed up in two words: baby boomers. At 75 million strong, they will be spending an unprecedented amount of money on health care as they age.
As a result, you will have plenty of profit opportunities.
But you don't have to try to guess which companies will be the big winners. I am not interested in which insurance company will benefit the most from health care legislation. Or which company will come up with the best artificial joints. Or even which drug company will develop the best arthritis treatment.
Instead, I am looking at the health care field as a whole.
Before we get into specifics, let's look at why the baby boomers are going to have such a huge influence on health care in this country.
Maxine Peters is a perfect example of what I'm talking about.
A few years ago, she had a bad fall. After four hospital confinements, she reconsidered the wisdom of living by herself. Maxine was dealing with bad knees, back pain, and declining vision. So she decided it might be best to move into a facility where she could get round-the-clock medical attention, as well as help with day-to-day tasks.
Maxine is far from alone. Roughly 70% of Americans over the age of 65 will require long-term care of some sort. And over 40% will need nursing home care for some period of time.