why does this matter?
These long-term health issues will become more common with the growing number of those over 65.
there is also a Support Shortage & Increase in Disability
More older adults, those with a chronic condition, and those with a disability will lead to an increase in demand for care.
Unfortunately, the price of that care will increase with healthcare related spending projected to increase.
This growing number of susceptible older adults is in addition to the 61 million (1 in 4 adults) Americans that live with one disability.
Additional Challenges & lack of support
These increases are in addition to challenges hiring new care providers and building new care facilities.
Direct Care Workers
The Bureau of Labor Statistics estimates that an additional 1.1 million direct care workers (personal care aides, home health aides and nursing assistants) will be required by 2024, a 26% increase from 2014.
The American Association of Colleges of Nursing is reporting that "over the next 20 years, the average age of RNs will increase and the workforce will plateau as RNs retire."
This nation may ultimately see a shortfall of 800,000 nurses by 2020.
Assisted Care Facilities
Of the 76 million baby boomers who are heading toward retirement, roughly 70 percent will need some form of long-term care.
With an occupancy rate of 89 percent — leaving fewer than 300,000 beds available across the country — how will these 13 million people find a way into those vacant beds?