Consequences of an older population

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Abstract

This paper demonstrates the consequences of an older population as their rate is expected to increase by 100% till 2050. The demands and the social needs of the population are increasing with the age. However, the contributors are limited and expected to decrease with time. In this paper, the effect of the increasing rate of the old age is discussed in context to the housing, health care, Medicare and Medicaid need, reformation of American Act and Welfare. According to the results of the research, the health awareness programs and the reform strategies of social contribution and taxation will be helpful in the aid and care of the senior citizens.

Table of Contents

Introduction3

Thesis Statement4

Discussion4

Cost in the Healthcare of Old Age Citizens4

Housing Crunch5

Social Security6

Medicaid7

Medicare8

Welfare9

Disability9

Older American Act10

Recommendations10

Conclusion11

References13

Consequences of an Older Population

Introduction

Geriatrics requires a great deal of social and economic attention in terms of social security and health budgets. Out of all the threats that the human society has to go through, including the natural disaster or the civil war, the ageing of the human population outranks every other potential danger. According to research, it is expected that in the next half of the century, the population aged 60 or above is expected to be doubled. Thus, the impact of this transformation will affect every domain of the society, including the economic growth, family compositions, housing and accommodation, statistics of health and disease, taxations, technological advancement, and several others (Ohayon, 2007). This pressure is reflected on the increasing demand of the health care and pension and the decrease in size of the portion of the people who contribute towards the state funds which are that meet such demands.

However, this impact will cause an adverse effect on the lifestyle and the advancement of the nation. Nevertheless, the elderly will require extensive care, attention and the time of their preceding generation, this will going to affect the outputs and the economical advancements in the country. United Nation expand a meeting in Madrid to ponder over the facts and the fast pace at which the geriatrics population is growing. The results of the meeting highlights that the group of people aging 60 and over is raising at the speed of 10% to 20% in the time frame of 2000 and 2050. However, the fastest growing age group is of the people who are less than 80 years, in which the women outnumber the men by two to one (Ohayon, 2007).

Thesis Statement

Older population of USA has a significant impact on the medical services being offered, such as Medicare, Medicaid, Old American Act, Housing and Disability welfare and it is the most potential danger that the society faces in the USA.

Discussion

Cost in the Healthcare of Old Age Citizens

The distribution of the health care cost of the old age people is highly skewed. A small fraction of individual account for the large group and high expenditure in the health care ...