Economic issue topic for me concerning elderly people is Senior Program Funding Cuts. Elderly people in today’s society are suffering greatly due to the major cut they have to deal with such as housing, Medicaid, and even jobs. These cuts are having many of our elderly people homeless and on the streets. There has been a major increase for economic assistance due to these major cuts. Unfortunately millions of our elderly people will not be able to survive with these cuts. The funding will continue to decline because there will be so many people in need of monies which in turn, this will not be enough to allocate out to others (O’Keeffe & Wiener 2009). Studies have found there is a major gap between the rich and the poor. The rich keep getting richer and the poor are getting even poorer. In order for society to help the elderly we must make cuts in other areas where funding is not really needed, rather than making cuts that are affecting our elderly. Cuts could be made in areas such as the tax brackets for the rich. I do not believe it fair for the rich to have such big tax break when our elderly generation is suffering so much. The rich should not be able to get Medicaid and pocket so much other monies in certain areas. If individuals are making a certain amount of monies there should not be any form of loopholes that are allowed for them to get over. Increasing Medicaid for the elderly is definitely not the answer. Creating better healthcare programs for elderly people will help them to live longer and healthier lives. Our overall healthcare system need to be changed. Changes in that will provide the proper care for all men and women that are in need of care. Residents that are living nursing homes will also suffer a lot from ... ... middle of paper ... ...used to help with the cuts. Increasing in the revenues to private companies will is another option in which could be used Furthermore program funding plays a very important role in older adult’s daily lives. It provides a mean of economic security for them in areas such as healthcare, jobs and even daily activities. Cutting back on the programming can really hurt millions of elderly people in today’s society. Our government along with other countries needs to find effective mean in securing a brighter future for the older generation. In conclusion senior program funding cuts have drastically affected so many of our elderly people. It is up to us the younger generation to come together and help make changes to local government to properly care for our elderly. Getting old is inevitable and we would definitely want someone to take a step and do the same for us.
We are all putting money into a pot, and some of us aren’t using the money or the resources that we end up helping out. There are a lot of programs that are out there to help support lower waged workers or people that can’t find jobs. Some of these programs are food stamps, medicare, and lower income housing. Everyone helps pay for these things, but there are only a certain amount of people that can use them. If you make a certain amount of money and it is too high, then you don’t qualify for them, even though maybe it isn’t high enough to live comfortably. Retirement may not come as easy for the younger generation because of the fact that people are using the social security, and we may not have the amount that we need when we retire. How our society is set up, you almost get more taken away the harder you work, and for the ones that don’t make as much, get all of the
When the government provides elders with medical case, they relieve the middle class from the burden of caring for their relatives, through medical bill payments. Both classes also benefit from the welfare state (social benefits provided by company employers). The federal government ensures social welfare through tax expenditures, whereby benefits are subsidized and the employer employee payments are not taxed. Tax expenditures allow the government to finance these classes without utilizing direct spending. These expenditures are costly to the government, however they make home ownership less expensive, which benefits society as a whole. Congress has tried to limit several programs, although their popularity trumps Congress’s
In 1965 the first Aging American’s Act was passed. This legislation was part of Lyndon Johnson’s Great Society reform. In passing this legislation nearly 50 years ago, the government created a new department the focused on the rights and needs of the gaining population called the United States Administration on Aging. The original legislation was complete with seven titles. The articles include Title I—the Declaration of Objectives for Older Americans; Title II—Establishment of Administration on aging; Title III—Grants for state and community programs on aging; Title IV—Activities for health and independence, and longevity; Title V—Community service senior opportunities act; Title VI—Grants for Native Americans; and Title VII—allotments for vulnerable elder rights protection activities. Each of these titles are present in the most recent Aging Americans Act Reauthorization Act of 2013. Each of the titles in the original and reauthorization have levels of measure to ensure that the legislation is enacted in a manner that will protect the aging population. The titles provide guidance to involved organizations and caregivers ensuring each is properly educated in treating the medical and mental health needs of the aging population as well as recognizing, reporting, and preventing elderly abuse, neglect, and physical, mental, and financial exploitation.
Should America make Healthcare less expansive, more affordable to have?It’s nothing new that our nation is always coming up with something in stirring up a plan to create ideas on how this will affect individuals. Well the chances that’s affecting this nation is our healthcare system where you have millions of Americans struggling in trying to keep up with the prices, is it really that serious that the healthcare companies are asking them to pay way more than what they should be originally paying for? It’s no wonder why so many families are losing money left and right and having to suffer bankruptcy in order to have the care they need for their loved ones and so forth. But have Americans reached a breaking point where something has to be done in order for us to save money for a rainy day absolutely because it doesn’t make any sense whatsoever for healthcare prices to be so high and off the track for instant around 70% of our healthcare dollars is being put on for treating chronic illnesses. Second, our nation spends about $765 a year on carless healthcare, which features unimportant medical tests and products.
The Senior Alliance Initiative is a non-profit organization designed to help improve the quality of life for senior citizens and integrate seniors into the community. The program will originate in Manitoba’s rural communities where there is often a shortage of close resources such as food, toiletries, and health services. As of 2011, 20.3% of Manitobans over the age of 65+ live in rural communities which means approximately one in five senior-aged Manitobans are not able to receive the help they need without aid from family/friends, home care, or a senior care home. (Univeristy of Manitoba, 2016) Often these resources are not available or are unreasonable due to:
The Canadian population is graying at a steady pace, adding thousands of seniors above the age of 65 in the population charts year after year. This segment of the population needs special attention due to its social, emotional, health, and dwelling needs. Continued growth in the size of aging population is putting pressure on the economy, health care system, and living space for seniors. Planners and policy makers need to pay immediate attention to the issue as it is going to affect all Canadians in the years to come.
Medicare has been providing health insurance to people since the signing of the social security act in 1965. Signed by President Lyndon B. Johnson as an amendment to the social security legislature, Medicare became one of the biggest health programs to help people aged 65 and over and to those 65 and under with disabilities. The program has helped these people significantly with their health requirements. Today our economy is under financial stress having a debt accumulation of around 54 trillion dollars, eighty trillion being Medicare liability alone. This debt effects Medicare beneficiaries financial funding, this is bad for many people who have a poverty level income. Now the only way we can accommodate these cuts in Medicare is by paying out of our pockets. The younger generation has a duty to the elderly and our disabled brothers. Although it seems unfair for us to pay for Medicare, it is up to us to keep the program going for these people.
Social Security has become a primary source of income for so many retirees and disabled workers. With the increase in recipients, the fund will experience a shortfall that will impact future retirees. The future of Social Security looks bleak unless the government takes steps to reform the program to continue to meet the needs of the current as well as the future recipients. Whether it is to raise taxes, decrease benefits, or privatize Social Security, action is needed. We all want the benefit of enjoying our later years after retirement but it would be hard to enjoy life after work when your primary source of income disappears with no alternative. There are many options to explore to make the changes needed. Reform to Social Security needs to be made soon or it will not last beyond the next generation of retirees.
In conclusion there needs to be an increase in government funding for long term care facilities to convey maximum ability to provide quality of care to elders and equal accessibility too homes and care. Ways that can produce this outcome are increases in staff funding for training and recruitment, as well as for equipment to help increase care. Government funding should also help elders decrease the cost of living in nursing homes and allow equal accessibility to homes and care in homes.
People 65 years and older should be placed in a “senior bracket” as they use the health care system more than the average citizen. With them paying a little more, it can try balancing out with the loss of income the government is facing. This will prevent the government from increasing taxes, leaving more money in the people’s pockets allowing them to spend more in the
Today, world’s population is aging at a very fast pace and United States is no exception to this demographic change. According to the U.S Census Bureau, senior citizens will be accounted for 21% of the American population in 2050 (Older Americans, 2012). Although living longer lives may not seem like a negative sign, living longer does not necessarily mean living healthier. Older adults of today are in need of long-term and health care services more than any generation before them (Older Americans, 2012). Because of the growing need for senior care, millions of families are facing critical decisions on how to provide care for their parents. In addition, declining birthrates may cause people to have less familial care and support as they age. To be able to provide the necessary care for senior citizens government funded long term care insurance program is needed.
Older adults are a very knowledgeable population and have had a lot of life experiences. As people age, things start to change physically, mentally, and socially. It’s important to understand the process of aging, so that older adults can be taken care of properly. I interviewed P.R. who is a 71-year-old male that lives alone in his home. P.R. is a retired coal miner, and is currently living off his social security and savings. He lives close to both his daughter and son, who frequently help him out with things that are needed. P.R. was able to give me a lot of insight about specific challenges that he has experienced in his life that is associated with aging. I will be discussing challenges that P.R experienced physically, mentally,
In result of social security, people aged sixty-five and older are the second-richest age group in the United States. Political economists recently estimated the government spends $350 billion on senior citizens, more than on national defense! In conclusion, the vulnerability of senior citizens and their reliance on these programs has caused an explosion in senior citizen voter turnout and open political participation. The fear of losing benefits was very strong in the 1996 election, where both President Clinton and Senator Dole were found to campaign strongly in areas with an abundance of senior citizens, such as in Florida. In result of the fear of losing their civil rights and continued use of these programs, senior citizens continue to be very politically active which causes a strong influence on the president.
The elderly in America have many needs that can range from transportation, a little more money, and even just a little companionship but one of their major needs is advocacy. They need someone to stand up and fight with them for what the need. The elderly of today did so much for this country such things as fight both world wars and the Korean Conflict, they fought for equality, and the escalated this country to the greatness we have today.
As Canada continues to age, more awareness and concern about care for seniors comes to the forefront of the public conscience. Many people are already aware of the challenges a larger senior population poses to the healthcare system and the tax base. People are increasingly aware of the social effects of a larger number of older people. One major concern is senior housing. As people age, they tend to decline in health.