Demographic Paper: Baby Boomers Impact
When it comes to the Baby Boomers Impact towards the Health Care Systems, there is only one that may wonder how they will as Baby Boomers population and their demographics impact health care systems in future generations. The subject of this reading will address this question and focus on the Baby Boomers population demographics, and explain the changes these demographics will have on health care systems in regard to patient’s needs and services. Along with explain the way demographic data informs companies the way services or products can successfully be marketed to Baby Boomers and how communities and the society needs to work together to correct demographic challenges Baby Boomers will encounter as they age. Population Demographics
Most individuals tend to relate to the phrase Baby Boomers to oneself, father, mother, aunt, and uncle or even a grandfather or grandmother. According to the Unites States Census Bureau (2009), describes Baby Boomers as individuals born between 1946 and 1968 and as of 2009 there were 77,329,698 Baby Boomers living in the United States. The American elderly population based on the United States Census Bureau is rapidly growing therefore so will the impact on changing demographics. Impact of Changing Demographics on the Health Care Market
According to the Bureau of Labor Statistics (2007), the impact that Baby Boomer changing demographics will have on the health care market can be seen in the charter below (Figure 1-1), which gives a perfect example of the American workforce ranging from 1940 to 1993. [pic] Figure 2-1 Boomer Market Demographics
In the charter above the Baby Boomers are in the red, which continues to make a steady increase within the workforce from1946 to 1964, whereas the blue represents Generation X that began a dramatic descend with only a few peaks within the workforce until 1984, when Generation Y took over and is the Gold this shows an increase in the workforce slowly but the workforce numbers have never reached the height of Baby Boomers. In the chart above: the Generation X cohort is not able to provide a sufficient amount of experience, nor will they provide the number of individuals needed to replace retiring baby boomers. According to Experience Matters (2007), another implication of the charter was that most Baby Boomer would want to work because it would provide those means, and money as well as giving them a wide array of choices. How Do Baby Boomers Demographics Affect Health Care
The way that Baby Boomers' demographics will have an effect is that health care employment lows have reached double digits. As more individuals lose their jobs, more individuals will no longer have medical insurance. As Baby Boomers begin to become eligible to receive Social Security Income (SSI), these individuals are limited in their funds and become more unable to afford supplemental insurance, How Chronic Disease Wellness Programs Affect Health Care Cost As Baby Boomers age, they become more susceptible to chronic diseases. Therefore, they will require specialized assistance because of diseases such as diabetes, cancer, arthritis, pulmonary conditions, mental disorders, and hypertension that worsens during the aging process. Whereas, according to the Bender (2007), Baby Boomers need for these specialized programs will affect the cost of health care. The CDC (2009), reports that in 2008 there was an increase in patients in their mid-to-late 40s by 57% in office-based physicians versus on 49% in 1998. However, from 1990 until 2010 the numbers keep increasing because Baby Boomers are entering retirement age, and this is the time when most individuals will move to government insurance. Therefore, medical expenditures have made a substantial increase to 12.7% of the GDP. However, the result is an estimated 48 million individuals with no insurance because many Baby Boomers have no retirement to pay...
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