2.3.1 Baby Boomers’ Resources (Mobile TRAVEL Application) ‘Baby Boomers’ are forty plus year olds that were born post World War II and as they age their attention to health rise; they are also the more affluent demographic as they delayed having children and getting married; they have a tendency to buy quality (Wang and Hunter, 2011). Hunter and Worsley (2009) concluded that the retiring baby boomers even with a reduced income would not sacrifice spending on general well-being and would instead make cuts elsewhere. Baby boomers behold a reduced importance on convenience and therefore will spend more time on purchasing decisions (Worsley, Wang and Hunter, 2011). Mogilner (2009, p.220) backs up that ‘consumer’s expenditure of time carries a…
What impacts will the Baby Boom have on the 21st century in Canada? In order to comprehend the influences the Boomers bring upon this era, a brief explanation of the Baby Boom Generation is required. The Baby Boom was a time period consisting of people born from 1946 to 1965 (Aging Population: Impacts and Challenges). They lived in a time of great prosperity, thanks to improvements in the Canadian economy. This generation is special in various ways, moreover, they have tremendous impact on the Canadian population, government revenue and spending, also public services.…
Baby boomer want to stay living in their own homes, but will face problems with enough healthcare professionals, cost of social needs, and long term health services. First, with such a large generation growing older, there is not enough healthcare workers of any type to accommodate this generation. With many…
The Baby Boom 1946-1964 The 2001 Canadian enumeration information on age and sex demonstrates that as of May 15, 2001, the middle age of Canada's populace came to an untouched high of 37.6 years, an increment of 2.3 years from 35.3 in 1996. The country's middle age has been rising relentlessly since the end of the time of increased birth rates in 1966, when it was just 25.4 years. The Cana What are baby boomers? North Americans born between 1946 and 1964 are all referred to as the Baby Boomers.…
Health Care Insurance seems to be the major topic of discussion at this time. The health care reform debate has been a rising issue for several years. The Affordable Care Act expands access to millions of Americans. It focuses on increasing coverage, minimizing cost and the social burden of health care to individuals. Health Care is very crucial to everyone, but not affordable to everyone.…
The healthcare reform laws that passed in March 2010 were designed to introduce a wide range of payment and delivery system changes to accomplish or gain a significant slowing of health care cost growth. Most evaluations of the new reform law have focused only on the federal money-related effect. The once-a-year growing rate in national healthcare costs can be slowed from 6.3 percent to 5.7 percent. The healthcare reform is something that is used for discussing the changes of health policies.…
The purpose of this act was to provide health insurance through two programs: Medicare and Medicaid. Medicaid provides health insurance for poor Americans, and Medicare provides insurance for Americans over 65 years old. A lack of health insurance was common in the 1960s among seniors, however now a great majority of seniors are properly, fully insured. According to a study published in “the journal Health Affairs,…the health of the elderly population has improved, as measured by both longevity and functional status” The study continued to say that the “life expectancy at age 65 increased from 14.3 years in 1960 to 17.8 years in 1998 and the chronically disabled elderly population declined from 24.9 percent in 1982 to 21.3 percent in 1994.” “Medicaid recipients are generally poorer and sicker than the general population.”…
Since more people are covered under the PPACA, there is a shortage of physicians to care for the patients, and therefore the patients are having a harder time accessing the care they need. Not only are physicians short, but there is also an expanding, aging population of “baby boomers” that have many health risks. The “baby boom” physicians are now retiring, too, and they are not being replaced fast enough. This causes concern on the amount of physicians available to take care of patients. (Abbott 14).…
As the population ages in the U.S., there is need for medical care among our elderly citizens. Most elderly citizens over the age of 65 have Medicare for their insurance coverage. Citizens can also be approved for Medicare benefits should they be disabled or have end-stage renal disease. So, the question becomes, how is Medicare making an impact on our healthcare ecosystem of today?…
After a twenty-year debate on whether Medicare should be enacted, it was finally chosen to be passed to support the people of our nation in a just manner. The implement of Medicare in the lives of the elderly has given them a significant support system for the years to come without the worry of paying for expensive medical procedures. As their bodies begins to wear, they’ll have the ability to be caught by the safety net of…
The Changing Demographics of Aging Seniors in America America’s senior population is experiencing considerable growth: By the year 2030, it is projected that there will be roughly 72 million seniors living in the United states, or about 1 in every 5 people (Ortman 6). The oldest of the Baby Boomers became a part of the over 65 segment in 2011, and will continue to age and add to the senior population over the next 20 years (Frey 28). This increase in senior population will significantly affect planning by policy-makers, as stated by Rosenberg (134). The ratio of caregivers to seniors is decreasing: during the decades from 2010 to 2030, caregivers aged 45 to 65, will only increase slightly, while the number of seniors 80 and older will multiply…
The burning question is, what is our government doing to provide better health care services for the citizens that elected them into office? Are policies and services adequately in place to support the need of all citizens and are is there a focus on how to combat the growing number of the baby boomer’s chronic health concern? I am aware that during election time, politicians make unrealistic and empty promises to buy our votes, but at least they should consider that the most important thing should be providing adequate resources towards the health care system to address the need for all citizens and not just the senior…
Canada’s demographics are changing. The baby-boomer generation is getting older, and the senior age group of the population ages 65 and older outnumber the youth demographic (fourteen years and younger). This is according to the Canadian Institute for Health Information (2011). The Institute also states that the senior’s population requires the most healthcare and they also require the most funding due to the frequency of visits to hospitals and clinics (Canadian Institute for Health Information, 2011, p.9). It has been predicted that as the population ages there will be issues with the financial capabilities of the already struggling health care system (“Is Our Health Care System Underfunded?”, 1983), and due to the financial struggles, the health care workers will be affected, which then…
Health insurance protects individuals from unexpected and high medical costs. It is a contract between the consumer and the insurance company. The consumer buys a plan or policy, and the company agrees to pay part of the expenses when the consumer/member needs medical care. In the United States, most individual gets health insurance policy through their employers. Usually, the employer helps pay for that insurance.…
The US population is beginning to see a significant growth in the proportion of Americans who are 65 and older, projections suggest by 2030 those 65 and older will comprise 20.3% of the total population (Ortman & Velkoff, 2014). The declines in fertility and the dramatic increases in longevity have increased the proportion of seniors in the population (Cherlin, 2010).…