Thursday, October 3, 2013

Global Aging and Future Trends

According to a global study just released by the United Nations(UN), “by the year 2050, for the first time in history, seniors older than 60 will outnumber children younger than 15”(as cited in Gelineau 2013). This unprecedented shift in global demographics has significant consequences for global health. Seniors have unique healthcare and lifestyle needs. Currently many countries around the world have social programs for the elderly(Gelineau 2013), but many developing countries do not have such programs and will need to implement policies before the demographic shift in the future.

Many developing countries currently do not have adequate social programs and healthcare programs for the elderly. Some people do not make enough money to retire and still have to work through old age. Because of the lack of money, they can’t afford the healthcare they need. With the upcoming demographic shift, it is not unreasonable to speculate that the situation will get a lot worse if nothing is done.

Developed countries are not immune to problems caused by the aging of the population. Countries such as Germany and Japan presently have a large population of seniors and have programs to provide for the their needs(Gelineau 2013). But with declining birth rates, the share of the cost that younger people in developed countries bear will increase. Pensions and Social security depend on taxes from younger workers to fund the social safety for the elderly. But if the percentage of younger people goes down, these social safety nets may be starved of funds. There may not be enough money to provide care for the elderly as we do now and social safety nets will be less than adequate.  

Related to the aging of the world, is the rising cost of Alzheimer’s around the world. According to the Alzheimer’s Association(2013), Alzheimer’s is a form of dementia that decreases mental ability. Specifically it causes problems with memory, thinking, and behavior. According to the World Alzheimer’s report, nearly half of all seniors who need long term care have dementia(as cited in Neergaard 2013).

Some seniors will need long term care. The strain of long term care is early on families and then on the national health care systems (Neergaard 2013). The cost of Alzheimer’s in the United States alone is currently $200 billion. It is estimated that by the year 2050 it will cost $1 trillion (Neergaard 2013). The disease affects every aspect of people’s live: physically, mentally, and socially. One can reasonably assume that with the increase in the age of the world’s population, the cost will be sustainably higher. Currently U.S. spending on Alzheimer’s research is only $400 million. When compared to the cost, is very small.

And why does this all matter to the average young college student? By 2050 most of these students will be approaching the age of 60 or will be older. They will be the ones needing all this specialized care. Current students have families to take care of that are already elderly or will be in the future. The global aging trend will affect all of us personally, in one form or another. The future doesn’t have to be bleak. But with more research, education, making aging a more important global health initiative, etc. We can all be ready for the upcoming demographic shift.

Works Cited

Neergarrd, L. (2013, September 20). Rising Alzheimer’s creates strain on caregivers. Associated Press. Retrieved from news.yahoo.com

Gelineau, K. (2013, October 1). Global Study: World Not Ready for Aging. Associated Press. Retrieved from abcnews.go.com/health

What Is Alzheimer’s?(n.d.). In Alzheimer’s Association. Retrieved from http://www.alz.org/alzheimers_disease_what_is_alzheimers.asp

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