This will also increase the amount of people that are retired from 12 percent of the United States population to almost 20 percent. With the rise of the aging population there is a need for more professional health and social service expertise. According to the Institute of Medicine’s landmark report, the is a shortage of health care professionals to care for the aging population in the current time and this number will grow faster as the Baby Boomers retire. One of the fastest growing employment sectors would be the eldercare. .
This is added to costs for advanced health care. Many feel that this will increase taxes, even causing some to not work because of how much they will have to pay to social security, putting an even further gap between the working and the elderly. We are often left with the question, what about us when we become elderly? When we reach elderly age, the elderly population will almost be doubled, and the working taxpayer percentages will be lower due to infertility, who
Rising Cost 1 The Rising Cost of Health Care Ashley Wood HCA 305 Dr. Trevisan February 11, 2012 Rising Cost 2 Along with everything else these days health care cost is contantly rising. This problem is reemerging as a national issue. "Unfortunaetly cost are rising as the economy sputters, the federal surplus dwindles, and the nation is focused on war agaonst terroism and its ripple effects here at home" (Altman). Some wonder will we ever get a handle on health care cost? This propsal will describe the nature of the issue, trace the history of the development, describe what has and hasn't been addressed along with waht the government should and is doing to help.
As statistics show, there has already been an increase in the cost of health care partially due to the shortage in health care practitioners and the need to offer higher reimbursement for treatments. If predictions are true, and there is a shortage of 125,000 physicians by the year 2025, the cost of health care will increase more rapidly. Because health care and therefore an individual’s life is considered priceless, there are demand shifters that often affect the demand curve of a health care product. As demonstrated in the example above, physician loyalties and experience are just two of the many types of demand shifters. This demand shifters can cause an even steeper rise in health care cost in the real world.
As a country, we are spending over $190 billion a year treating these diseases, diseases that could be prevented by increasing exercise and decreasing calories. The scariest fact is that one in three children under 18 are overweight or obese, a rate that has tripled since 1960. The fact that the obesity rates are so high shows that as a society we accept this lifestyle. We need to be proactive as a country, and stop accepting this lifestyle and work towards a healthier society. If this continues we will have a new generation of people that don’t outlive their parents.
o) Proportion of populations living in nonfamily households has increased. S. Why the Changing Population Matters for Politics and Government xxxii. The aging of the population will inevitably increase the burden on the nation’s Social Security and Medicare health care systems, which will be forced to support the needs of that rising population. xxxiii. The racial and ethnic makeup of the population (along with other influences) can significantly affect the nation’s political culture and people’s political attitudes.
The New York Times claimed that, “When immigrants do take jobs, they’re hard workers” (Preston and Connelly a1). Therefore, it greatly contributes to America’s retirement system. The presence of immigrants also contributes to America’s long term population growth, necessary to stabilize the overall retirement fund. The Springer Science and Business Media’s journal states that some other countries in the world suffer from the labor shortages and a demographic crunch, in which a very small number of workers will be expected to pay the retirement and health care for elderly people (Gold 409). The ratio of retired people to workers is expected to dramatically increase in the coming decades, which would result in significant changes in the Security System of America’s retirement money.
The fact is that between 2005 and 2050, half of the increase in the world population will be accounted for by a rise in the population aged 60 years or over. Similarly By 2050, the share of the population aged 65 and older to the working-age population aged 20-64 will rise to more than 47% from its 2003 level of 27%. (Sennett, 2004) argues that Ageism “embodies a major paradox” given the fact that modern medicines have given rise to longer life spans, it is ironic that we now outlaw the older worker. This represents certain negativity in the mindset of
He found out that england’s debt has doubled in 10 years. In 100 euros!! !So the ministry needed to find a new place to get money. And even so, the british were already being highly taxed. Since the colonists were benefits from wartime funds, he thought that anglo-americans should pay the larger share to run the empire!!
Reform proposals continue to circulate with some urgency, due to a long-term funding challenge faced by the program. Starting in 2015 and continuing thereafter, program expenses are expected to exceed cash revenues. This is due to the aging of the baby-boom generation (resulting in a lower ratio of paying workers to retirees), expected continuing low birth rate (compared to the baby-boom period), and increasing life expectancy. Further, the government has borrowed and spent the accumulated surplus funds, called the Social Security Trust Fund, while counting the funds as revenue, not