TAILIEUCHUNG - Elderly Poverty: The Challenge Before Us

Ageing tends to be associated with a growing burden of disease and prolonged heavy drinking is itself a cause of health problems such as liver disease, raised blood pressure, and some forms of cancer. Alcohol misuse may also lead to an increased likelihood of falls, incontinence, cognitive impairment, hypothermia and self-neglect. These sorts of problems may be regarded by health professionals and members of the family merely as signs of ageing. The Royal College of Physicians suggest that as many as 60 per cent of elderly people admitted to hospital because of confusion, repeated falls at home, recurrent chest infections and heart failure, may have unrecognised alcohol. | Center for American Progress Elderly Poverty The Challenge Before Us By Alexandra Cawthorne July 2008 Aging Americans like other age groups are feeling the effects of the declining real estate and stock markets as well as soaring fuel and food prices. Seniors economic security will only increase in importance as the . population ages. The nation s health and social services resources will face unprecedented demand as 75 million people in the baby boomer generation reach retirement age some with eroded savings and retirement accounts. Fighting elderly poverty Between 1959 and 1974 the elderly poverty rate fell from 35 percent to 15 percent. This was largely attributable to a set of increases in Social Security benefits. The elderly poverty rate has continued to decline in subsequent decades reaching percent in 2006. Social Security and Supplemental Security Income benefits continue to play a key role in reducing elderly poverty especially among women and people of color. If Social Security benefits did not exist an estimated 44 percent of the elderly would be poor today assuming no changes in behavior. Yet there is still work to do. Currently million seniors age 65 and older live below the poverty line. Millions more are barely making ends meet just above the poverty line. While percent of seniors had incomes in 2006 below the poverty threshold of 9 669 for an individual and 12 186 for a couple nearly a quarter of older Americans percent had family incomes below 150 percent of the poverty line. If we had a better measure of poverty the elderly poverty rate would be considerably higher. The current poverty measure gives no consideration to health care costs among other problems. High medical bills for the elderly can greatly reduce the income available to meet their other needs. New York City has recently calculated its poverty rates under an improved approach proposed by the National Academy of Sciences. Among other things it takes into account .

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