A Bird’s Eye View of Senior Healthcare in America
Posted on
Oct 09, 2017
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The U.S. has the most expensive healthcare in the world, but it is last or near last on dimensions of access, efficiency, and equity. (Commonwealth Funds 2014 International Healthcare Review)
Grayest States (those 65 and above) in proximity to St. Louis.
14% or Greater Nebraska, Iowa, Missouri, Arkansas
13-13.9 % - Ohio, Wisconsin
12-12.9% - Illinois, Indiana, Michigan, Kentucky, Tennessee
Average Annual Growth rate of elderly population (U.S.)
2010-2030=28%
2010-2030=an increase from 40M to 80M
There is a mass migration of tens of millions (10,000-12,000/day) global citizens turning 60, with the Baby Boomer generation accounting for the bulk of this growth in the U.S. To put it another way one Boomer turns 69 every 8 seconds.
50+is the fastest growing segment of society and will by 2018 will outnumber children under 5 in our country, thus there will be more walkers than strollers in America..this will be the first time there will be more older adults than children on the planet (Amy Hanson, 7) or as Ziegler states it: by 2015 there will be more over 65 than 15 in America, a fact that will never change.
Some refer to this event as more dramatic than the industrial revolution. It is commonly referred to as the Silver Tsunami, Longevity Revolution, or the Aging Revolution, Age Wave, Coming Generational Storm, the Great Midlife Migration. In America alone this demographic is creating its own economy. At 7.1 Trillion, it is right behind the total economy of China and third only to the entire economy of the U.S. (Oxford Economics).
On a global scale the number of people age 60 is expected to grow past 2 Billion by 2050 (United Nations Population Fund)
Article submitted by: Michael Quirk, Publisher, Seniors Blue Book, Chicagoland, you can reach Mike at 708-515-8220 or mike @seniorsbluebook.com
Grayest States (those 65 and above) in proximity to St. Louis.
14% or Greater Nebraska, Iowa, Missouri, Arkansas
13-13.9 % - Ohio, Wisconsin
12-12.9% - Illinois, Indiana, Michigan, Kentucky, Tennessee
Average Annual Growth rate of elderly population (U.S.)
2010-2030=28%
2010-2030=an increase from 40M to 80M
There is a mass migration of tens of millions (10,000-12,000/day) global citizens turning 60, with the Baby Boomer generation accounting for the bulk of this growth in the U.S. To put it another way one Boomer turns 69 every 8 seconds.
50+is the fastest growing segment of society and will by 2018 will outnumber children under 5 in our country, thus there will be more walkers than strollers in America..this will be the first time there will be more older adults than children on the planet (Amy Hanson, 7) or as Ziegler states it: by 2015 there will be more over 65 than 15 in America, a fact that will never change.
Some refer to this event as more dramatic than the industrial revolution. It is commonly referred to as the Silver Tsunami, Longevity Revolution, or the Aging Revolution, Age Wave, Coming Generational Storm, the Great Midlife Migration. In America alone this demographic is creating its own economy. At 7.1 Trillion, it is right behind the total economy of China and third only to the entire economy of the U.S. (Oxford Economics).
On a global scale the number of people age 60 is expected to grow past 2 Billion by 2050 (United Nations Population Fund)
Article submitted by: Michael Quirk, Publisher, Seniors Blue Book, Chicagoland, you can reach Mike at 708-515-8220 or mike @seniorsbluebook.com