Week Ten Aging of America and Nursing Homes - 2010

Week Ten Aging of America and Nursing Homes - 2010 - LONG...

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LONG TERM CARE The Aging of America Assisted Living - Nursing Homes
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The Aging of America
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ELDERLY AMERICANS ARE JUST ABOUT THE ONLY GROUP OF U.S. CITIZENS WHOSE HEALTH CARE IS UNIVERSALLY INSURED AS AN ENTITLEMENT.
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HOWEVER, ELDERS WHO NEED LONG-TERM CARE HAVE MUCH LESS PROTECTION.
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MEDICARE, THE FEDERAL PROGRAM FOR THE ELDERLY AND DISABLED, COVERS MANY OF THE COSTS OF ACUTE MEDICAL CARE BUT ONLY TANGENTIALLY COVERS SOME LONG CARE SERVICES.
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MEDICAID, THE FEDERAL/STATE HEALTH PROGRAM, COVERS LONG- TERM CARE BUT ONLY FOR PEOPLE WHO ARE POOR OR WHO BECOME POOR PAYING FOR LONG- TERM CARE OF MEDICAL CARE.
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MORE THAN TWELVE MILLION PEOPLE IN THE UNITED STATES, ABOUT HALF OVER AND HALF UNDER AGE 65, NEED SOME KIND OF LONG TERM CARE. ABOUT A THIRD OF THESE PEOPLE HAVE CARE NEEDS THAT ARE SUBSTANTIAL.
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SUPPORT FOR CARE FALLS LARGELY OUTSIDE MEDICARE’S SCOPE. MOST LONG-TERM CARE IS PROVIDED BY FAMILIES AND FRIENDS IN THE COMMUNITY.
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MEDICAID IS A DIFFERENT STORY. 7% Medicaid Beneficiaries utilize 52% of all Medicaid spending.
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One half are elderly One third are disabled and under age 65 The rest are adults or children not classified as disabled
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PEOPLE WHO NEED LONG-TERM CARE OFTEN DO NOT GET THE CARE THEY NEED OR PREFER, AND FAMILIES’ CAREGIVING AND FINANCIAL BURDENS ARE OFTEN HEAVY.
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CHANGING DEMOGRAPHICS POSE A FURTHER CHALLENGE. CURRENT ESTIMATES SUGGEST THAT THE DEMAND FOR LONG-TERM CARE AMONG THE ELDERLY WILL MORE THAN DOUBLE IN THE NEXT THIRTY YEARS.
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AGING DEMOGRAPHICS
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0 10 20 30 40 50 60 70 80 90 100 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 Population in millions Ages 85+ Ages 75-84 Ages 65-74 Projection of U.S. Population, by age, 1995-2050
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GENERAL PROFILE: CURRENTLY, THERE ARE 34 MILLION AMERICANS AGED 65 AND OVER, ALMOST 13% OF TOTAL POPULATION. BY 2030, THIS NUMBER WILL GROW TO 69 MILLION WHICH WILL REPRESENT 20% OF THE POPULATION. BY 2050, THERE WILL BE 80 MILLION AMERICANS 65 AND OLDER.
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GRAYING OF AMERICA
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THE ELDERLY POPULATION INCREASED 11-FOLD FROM 1900-1994. THE NON-ELDERLY POPULATION INCREASED 3-FOLD. FROM 1995 TO 2030 THE AMERICAN POPULATION WILL INCREASE BY 50%.
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