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Babyboomers are Headed for Trouble
I was really just trying to complete my internship when I began the healthcare blog for babyboomers. As I started doing all the research to come up with articles to post, I uncovered just how grave the situation really is. Martha Stewart recently wrote an article for the Huffington Post, dealing with how unprepared we are to deal with our aging population. Very few doctors are trained in the care of the elderly. Currently, there is one geriatrician for every 10,000 baby boomers. If a baby boomer needs a caregiver, the home care could cost as much as $150,000. Assisted living facilities could easily run $2-4 thousand a month and Medicare will not cover any of this. Currently, there are not enough assisted living facilities now or being built that will accommodate the overwhelming necessity that will soon be upon us. In an article written in John Hopkins Health Alerts, the aging babyboomers and their need for more and more healthcare is referred to as being “The Perfect Storm.” The current estimate is that by the year 2020, there will a shortage of 12 million nurses needed to care for the growing over 65 population. Another problem we babyboomers will be facing is with Medicare. An ABC News report has quoted statistics relating to the pressures that will be put on Medicare. Right now it covers about 46 million people and costs the government about $500 billion a year. But, in twenty years when the last of the....