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Demographic Paper - Essay Example

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Chart I – Target Population Summary Source: U.S. Census Bureau, 2011 With regards to educational attainment, only 31.8% of the entire population holds a Bachelor’s degree or higher among individuals above the age of 25 years old whereas majority with 84.2% of them were able to complete high school requirements (U.S. Census Bureau, 2011). As of July 2011, unemployment rate in New York was 8.0% (New York State Department of Labor, 2011). General Effects of Demographic Changes on Health Care Market and Impact of Changing Demographics on Health Care Although the unemployment rate in New York dropped 0.6% from 8.6% in July 2010 to 8.0% in July 2011 (New York State Department of Labor, 2011), this figure is still considered high. In general, the money use in maintaining the quality of health care services in the market usually comes from the collected taxes. If the ageing population in New York exceeds the young generation (below 5 y/o), it means that the state is at risk of facing serious problems with regards to the sources of health care funding 20 years from now. Based on the demographic profile of New York, majority with 58% of its population belongs to the age bracket of 18 – 64 year old whereas only 23% of its population today will be ready to join the NY workforce (U.S. Census Bureau, 2011). ...
Two Key Health Care-Related Changes in this Population Through Medicaid expansion, president Obama signed a legislation back on the 23rd of March 2010 which clearly states the need to change

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the nation’s health care system which could make it easier for more than 10 million Americans to have a ready access for medical insurance (The New York Times, 2011). Under the said legislation, Medicare will give seniors the benefit to have free preventive care, post-hospital care, tax-free health savings account, and rebates to consumers starting on 2012 (Kavilanz, 2011). A state program in New York called “EPIC” which enables the seniors pay their prescription drugs through secondary coverage. Basically, eligible applicants for EPIC includes individuals more than 65 years old who are earning less than US$35,000 (single) and US$50,000 (married) (New York Departmetn of Health, 2011a). Through this program, elderly individuals in New York are able to enjoy as much as 90% saving on the cost of their prescription medicines. In response to Obama’s health legislation, the income bracket eligible for EPIC’s Part D premium assistance will be increased from $20,000 to $23,000 (single) and $26,000 to $29,000 (married) starting on 1st of July 2011 (New York Department of Health, 2011b), Furthermore, application for EPIC will be free starting the 1st of January 2012 (ibid). How a Chronic Disease Wellness Program affect the Cost of Health Care Services The presence of chronic diseases costs roughly $2 trillion on medical care insurance. In general, a chronic disease wellness program aims to prevent the incidence of chronic diseases by extending health care teachings in school, work environment, healthcare institutions, and community (National Conference of
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Summary

Demographic Paper Student Number and Number Name of Professor Number of Words: 769 Target Population Target population that will be considered in this report is New York. Data about the Target Population The total population in New York as of 2010 was 19,378,102 which represents 6.27% of U.S…
Demographic Paper
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