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Most of these funds go to the older population, who do not comprise the working population since they are beyond retirement age. While the population of older persons benefit from the government expenditure, the younger population is disadvantaged. This is because their contribution to the social security and healthcare services is much higher than that of the older population.
The aging population in USA therefore affects the cost of healthcare and social security services. With people above the age of sixty-five years being prevalent in the population, policies are implemented in order to cater for the needs of the aged. These policies burden the younger population, as the young workforce is compelled to dig deeper in their pockets to ensure that the aged are provided for. Since the older population does not have an income, the burden of providing for the aged shifts to the young members of the society who are working and economically productive (Kevin and Wan, 2008 p95).
An aging population in the United States has great implications on the delivery of healthcare services. As people age, they are likely to suffer from chronic illnesses. With the shortage of health care workers such as nurses to take care for the old, this burden is likely to fall on the young members of the society and especially the family members of the sick individual. Chronic illnesses are always associated with old age disability. This means that there will be the need to come up with long-term Medicare services such as personal care, nursing homes, adult day care, and homes for the aged (Wiener and Tilly, 2011).
The services to cater for the aged are financed by the younger working population, since the old are not in a position to contribute towards the expenditure needed by the government to fund healthcare. The provision of healthcare mainly targets the aged, with policy implementation mainly focusing on the older population. ...Show more
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The study will explore the possible burden on the younger population to compensate for the cost of health care, lost income, and housing needs. In addition, the study will discuss the issue of a lesser…
Consequences of older population
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