An Aging Population

An Aging Population HCS 490 Michael Veal People who were born between 1946 and 1964 atomic number 18 rapidly approaching loneliness age in the US. The arrive of people over the age of 65 is said to turn up to 71.5 million in 2030. With so many Americans reaching retirement age over a short period of time, the wellness wish market allow be flooded with bollocks up boomers. Currently cocker boomers account for one-third of the employees in the US. retreat of plunder boomers depart also cause a blood on the taxation system of America since there would be a large proportion of people retiring and the political science would have to provide retirement benefits to all these workers. In addition, the retired baby boomers will not be able to make real contribution towards government taxes resulting in an increased burden (babyboomercaretaker.com, 2007). The health care market, health care costs, and the need for goods and services will peak right along with all of the aging baby boomers. Its time for businesses to prepare for the changing needs of the older boomers, who are ab pop out to become the largest and wealthiest over-50 consumer group in US history.

Boomers will account for roughly 40 percent of US disbursal by 2015 and for a disproportionate share of the growth and uptake in industries ranging from consumer electronics and clothing to home furnishings, restaurants, and, of course, health care (Court & vitamin A; Forsyth, 2007). The need for affordable health care and in-home health care are more important than ever before particularly since almost half of the baby boomers are currently maintenance alone. Government funded programs will be faced with funding Medicare and Medicaid out of an already demanding federal bud possess and the need for a degenerative disease wellness program will be a necessity in the years ahead. There are currently not enough primary care physicians and geriatric specialists in America to handle an overwhelming amount of the... If you want to get a full essay, order it on our website: Ordercustompaper.com

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