Solving the ‘2030 Problem’ with Always Best Senior Services
What is the ‘2030 problem’ and what does it means for your family’s senior care?
Read on to find out–and learn how Always Best senior services can help!
The ‘2030 Problem’ in Clinton Township, Michigan
With America’s Baby Boomer generation aging past 65 en masse, the senior population has never been bigger.
As the senior population proliferated through the early 2000s, it quickly became apparent that the healthcare system was struggling to adapt to America’s changing care needs. Researchers looked closely at the economic burden and healthcare system strain that the “Gray Tide” would impose, and their projections weren’t good.
There were 78-million baby boomers in 2010. By 2016, 1 in 7 Americans–49.2 million–had already hit age 65. And by 2030, most experts agree, 1 in 5 Americans will be age 65 or older. For the first time in history, seniors will outnumber adolescents.
This is where the term “2030 problem” originated. Knickman & Snell (2002) define it formally as “the challenge of assuring that sufficient resources and an effective service system are available… when the elderly population is twice what it is today” (p. 849).
In 2019, families throughout Clinton Township, Michigan are already struggling to provide full-time care for aging loved ones
Currently, the “average” family caregivers are 49-year old women who work full-time and spend roughly 20 hours per week caring for older parents without pay. Of the more than 42-million informal caregivers active in the United States today, nearly two-thirds fit this profile.
Will informal care from family and friends be enough to solve the 2030 problem?
Probably not. An AARP report titled “The Aging of the Baby Boom and the Growing Care Gap” projects that seniors 80 and over will only have four potential family caregivers available to them by 2030, down from a high of more than seven in 2010. By 2050, that ratio drops below 3 to 1.
For seniors in Clinton Township, Michigan, the AARP report was a serious wakeup call. Aging parents who relied on family and friends for care now face an uncertain future. The senior care shortage is only a decade away.
Solving the ‘2030 Problem’ With Always Best senior services
Always Best senior services offer respite for hard-working family members, while giving your aging loved one the independence, comfort, and quality of life they deserve. Always Best Care Clinton Township offers a complete care continuum that is designed to support your loved one through every stage of the aging process.
Always Best Care services also help families control the costs of care. This can come as a surprise to those who view Always Best senior services as a big-ticket item.
But consider this: In 2009, the cost of unpaid was estimated at $450 billion–that’s more than the cost of Medicaid, and almost equal to Medicare. This trend is consistent: In 2015, a study published in the journal of Health Services Research figured the total costs at $522-billion and 30.06-billion hours (Chari et al., 2015, p. 871).
Whereas informal care is a constant and uncertain expense, Always Best senior services are clear and controlled. Our home-based care model allows us to offer highly competitive rates, and we customize every care plan to fit your family’s budget. We also help seniors determine their eligibility for Veterans Affairs and other health care insurance.
To book a free consultation with our team, or simply learn more about Always Best senior services, visit https://www.alwaysbestcare.com/mi/chesterfield/care-services/in-home-care/.
Chari, A. V., Engberg, J., Ray, K. N., &Mehrotra, A. (2015). The opportunity costs of informal elder‐care in the United States: new estimates from the American time use survey. Health Services Research, 50(3), 871-882.
Knickman, J. R., & Snell, E. K. (2002). The 2030 problem: caring for aging baby boomers. Health Services Research, 37(4), 849-884.
Kosberg, J. I., &Cairl, R. E. (1986). The cost of care index: A case management tool for screening informal care providers. The Gerontologist, 26(3), 273-278.