Ten thousand Americans will turn 65 years old every day from now through 2029. As those Americans age, they will transform our country's healthcare system -- to the tune of a 5.8% annual increase in our national health expenditures from now through 2025, according to the Centers for Medicare and Medicaid Services.
That's really the key component in thinking about healthcare as an investment: The rising tide of spending will lift many boats across the sector. Drug prices will remain a flashpoint in the public consciousness, but even if discounts are offered, drug companies will win on increased medical volume. Healthcare is a sector designed to produce some big winners -- including investors smart enough to stay invested over the long haul.
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Source: Fool.com