With more emphasis placed on healthcare by governments today and the advancement of our medical technology, people get to live longer. Cancers are not as deadly as in the past and new vaccines are constantly being developed. People, including the elderly, are made less vulnerable to the incapacitation of diseases, and in a way, we become biologically stronger. This also means an increase in the productivity of the aged, physically. McClatchy Newspapers (2008, October 20) suggested that with the miracle of modern medicine, 60 might be the new 40. However, most treatments do not come cheap and chronic illnesses, especially, take a toll on their finances as people live longer. "One hospitalisation, for example, a stroke can set you back at tens of thousands of dollars,” as stated by Associate Professor Paulin Straughan, sociologist, National University of Singapore in Channel NewsAsia (2009, August 19). In fact, most elderly are not rich and ma...
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...rce to support the economy and generate enough money for healthcare subsidies and government pension as mentioned previously. While there are temporary measures to alleviate this problem, such as rising the retirement age and importing foreign workers, the key is still to increase the fertility rate.
The aging process has been eased with the modernization of our society as better healthcare technology and government welfare are available to serve the elderly. However, this revolution has generated a rising aging population which would be a problem to all levels of the society. Governments in developed countries should look beyond temporary solutions to rising aging population and focus on getting people to reproduce. While there are initiatives like maternity welfare and baby bonus to encourage reproduction, I believe more can be done and hope for the better.
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