Barring any fatal disease or accident, a person reaches the golden years. While it spells more time to travel and huge pensions, it also presents multiple health challenges.
Take a look at the following pieces of information.
Rising Healthcare Expenses
In 2015, the Centers for Disease Control and Prevention (CDC) reported that the national health expenditures already reached $3.2 trillion. The Health Research Institute of PricewaterhouseCoopers predicted a slight increase of 6.45 percent in 2018, which will be the first growth over the past three years.
The biggest reason for the increase in healthcare is the price of commodities, including medicine, and elderly adults consume a lot of them. About 80 percent take at least one medication daily.
They also make up more than 33 percent of prescription buyers even if seniors are only 13 percent of the population.
Senior-Related Health Issues
As the people’s lifespan increases, so is one’s susceptibility to a variety of illnesses that are common among the aged population. Some of the top concerns are degenerative diseases, cancer, hypertension, cardiovascular disorders, and hypertension.
They are also at a higher risk of developing dementia such as Alzheimer’s disease. They are also prone to mental health problems such as anxiety and depression. In fact, about 1 percent of them may suffer from substance abuse issues.
One of the leading causes of death and injury among seniors is falling. It may then lead to serious complications, surgery, and disability. Many older people, thus, restrict their physical activities to avoid the risk.
How You Can Help
These healthcare challenges for the seniors can be good opportunities for you to help and earn money on the side. You can consider a senior care franchise investment.
In this system, you can begin your senior care business with less working capital and stronger support from industry experts. You can also focus on the most basic services such as older adult assistance or dementia care.
The senior population will continue to grow rapidly, and they will need assistance to let them enjoy more quality years. Consider being the help they need.