“To a large extent, current research and development and government policies have helped to ease the aging process.” Discuss this statement in relation to your particular field of study or interest (e.g. economics, science, medicine, social policy, architecture, psychology, technological inventions).
“Population ageing is both a triumph and a challenge” (Lim, 2008). With the advances in economics and medical development as well as better health systems, Singaporeans now are having longer life expectancy than they used to have in the past. Current research has shown that Singapore is one of the fastest ageing populations among Asia. However, the drop in birth rates over the past years has resulted in a smaller ratio of younger
…show more content…
The health care system within the country has been upgraded to cater to the seniors. This is to provide a complete and affordable health care system for the elderly. These care systems or places can be easily accessed, afforded and directed to many different needs faced by the elderly. For example, building more hospitals so that they can be easily accessible and topping up of the Medisave accounts, when there is a surplus, for the less well-off Singaporeans as the priority (Sadasivan and Osman, 2006).
Research has shown that most seniors will want to live independently. By “enabling ageing-in-place” (Lee, 2009), the government improves the infrastructures, such as the Housing Development Board (HDB) buildings, and public transport system. These improvements will enable them to move around freely and easily and they will find it easier to gain ace to public amenities with the elderly-friendly transport system.
From the researches done, it can be seen that the problem of ageing is a norm for economic developed countries. The shift in age structure will have an effect on the country’s economy. However, this problem can be solved by having policies that benefit both the elderly as well as the country. “We are crafting new policies, improving our infrastructure and developing effective programs to enable older citizens to lead full and happy lives” (Lee, 2009). The government ensures
In Josh Barro’s article, he mainly discusses the theme of Social Security. He explains how if we raise the age for people to access Social Security, that will harm poorer Americans who have a lower life expectancy due to the type of work they do or because of lack of other proper benefits. In the video, Coming of Age in and Aging America, they discuss the main theme of aging in America and the difficulties and obstacles these individuals face on a daily basis, especially in terms of Social Security. The video covers a variety of situations that the elderly face and how America can work to make the lives easier especially in a world where our elderly population in growing. One example was in a hospital where they were able to integrate new techniques and systems to make it easier for people to work longer into their lives. The main themes of Sharon Kaufman’s journal article were health care and the reform of current plans, and discussion of life-prolonging procedures. She discusses the three main procedures used in the U.S. which are organ transplantation, cardiac procedures, and cancer treatments. Finally, Segal’s text covers the themes and policies related to aging and elderly population. She discusses the acts and programs that have been put into place such as the Older Americans Act of 1965, social security, pensions, and Medicare/Medicaid, along with a variety of others.
1.) What difficulties—from retiring baby boomers in the United States to a graying China, to the massive overhang of Europe’s elderly—can private corporations, governments, and other sectors expect as the aging revolution unfolds across the globe? How will changing demographics affect workforce composition? Retirement age? Pension outlays? Taxation? Immigration? Economic growth? How can governments, corporations, and nongovernmental organizations work together to address these issues?
According to the recent studies the older people as compared to the youth are becoming more economically and demographically attractive. However, there are costs of an aging population that the society bears as a whole. (Andrews, 2009)
First of all, older people consume a larger proportion of public services. For example, they require more health and social
aging populations will put big financial burdens on the government as older people will need more health care and translation services. More home care. As the number of elderly people increases, the health care system is short of medical doctors, nurse. So it can be said that doctors and nurses are a great field of study to attract
While these aspects of society certainly do impact a nation with a growing older population, they are not the most problematic. Financial instability of the country should not be the spotlight of concern, but as people are living longer, people should be more concerned with that the typical life should look different in the future. With this in mind, the article proposes other areas of concern: lack of incentive for volunteering, little to no new education for older adults, and massive technological change with no way for older generations to learn how to use it. If these areas are not provided with change, it will ultimately lead to economic hardship for the elderly, due to the lack of new education and technological knowledge, which would, in turn, able them to work longer. If older generations were able to stay in the workforce longer, our aging society, which people believe may eventually not have a large enough work force, would be able to avoid this presumed
In order to understand how the aging population impacts health care, why the older population is expanding needs to be established. In the year 2011, the “baby boomer” generation began to have their 65th birthdays. The other side of the older population is that technology is improving dramatically,
In 2017, the world population is at 7.5 billion people. China is the most populated country in whole world. It has “1.379 billion” (Google) people making it the largest populated country. China is also the most largest aging population making it have a high life expectancy and the high accelerating aging rate in the world (Zheng, 2012). China has advanced with technology and also with age. Only “three decades ago, only 5 percent of the populations was over 65; today, 123 million people, or 9 percent of the population, are over this age which a report released by the government states that China will be the world's’ most aged society in 2030” (Huang, 2013). Since, China is the most largest aging population this means that less people are dying and more are living. Since, more people are living this means that need of long-term care, health insurance, adjustment of policies and how to make everyone comfortable living. China is the only country that has an older population exceeding 100 million and annually increases at a rate of 3.2. A dependent territory of China is Hong kong that has “7.347 million people” (Google). Hong kong also has a fast growing aged population. Hong kong is also trying to adjust their long-term care system, pensions system and policies to accommodate everyone living situation.
Aging! We all do it every day, but have you ever thought how it is going to affect the rest of your life or more importantly your career? Aging isn’t something that we get to choose if we participate in, however working is, and aging may affect that choice. Right now, I want you to think about the age of sixty-five. What words pop into your head when you think of someone sixty-five? I’d imagine some of the words you thought of were retired, old, fragile, slow, as well as many others. Those words right there all help to explain the many concerns that one’s employer may have when hiring someone that is of the older population. When we think of the older population in the work force we don’t necessarily think of positive things, instead we think of things. When we think of this population in the workforce we generally think of lower production rates and higher costs. These can create issues among the older population, as employers must consider all the possibilities when hiring someone. We know that more people in the older population are continuing to try to continue their careers, but why? How hard is it for them to continue? What changes have made it easier? How are the younger and middle aged populations perceiving them in the work place? This are only some of the many question surrounding the increase of aged workers.
The increase in life expectancy is partially to blame for the increase in elderly citizens, as there are now better medicines and medical procedures to cure ailments which could have easily killed a person 10 or 20 years ago. As Levine said, "There are more elderly and a larger proportion of elderly in the population now than ever before in the history of the world, and individuals live longer and have a longer span of healthy, vigorous life than ever before" . We have to prepare, not only to have more aged people in the work force, but also to have adequate pensions and supplements to aid these people when they do retire.
However, better healthcare and protection from government result in rising age expectancy, which is a double-edged sword as on one hand, people live longer as shown in report (Friedland and Summer, 2005, Fig 1-2) and on the other hand, the proportion of aging population increases if the younger generation are not reproducing enough, and this is exactly the trend now in developed nations. In the
In 2014, the Singapore news released a statement regarding the pioneer generation package in line with Singapore turning 50 in 2015. Prime Minister Lee Hsien Loong announced that about 450,000 seniors from the Pioneer Generation will receive a Pioneer Generation Package (PGP) focused on healthcare. This Package will ensure lifelong benefits that cover different types of healthcare needs and also other extra subsidies. The purpose of this paper is to provide insights to the advantages and disadvantages of the PGP as well as comparing PGP with other healthcare services. This paper will cover the pros and cons of the PGP, comparing with other Singapore healthcare schemes and also the healthcare measures taken in Britain.
The world’s population is ageing rapidly. Between 2000 and 2050, the proportion of the world's older adults is estimated to double from about 11% to 22%. In absolute terms, this is an expected increase from 605 million to 2 billion people over the age of 60.
The American population is getting older which presents us with many challenges but also present us with potential opportunities. With the length of life and quantity and fraction of older persons rise in most industrialized and many evolving nations, a crucial question is whether this population will be accompanied by continued or better-quality health, an improving quality of life, and adequate social and cost-effective resources. This answer lies in the ability of peoples and societies, as well as modern social, governmental, financial, and health service delivery systems, to provide optimum assistance to older persons.
As China's aged care sector in China is shifting quickly and presenting substantial potential, the elderly population will have an increasing influence on the future of the country.