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Baby Boomer Impact

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Baby Boomer Impact
Demographic Paper: Baby Boomers Impact
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When it comes to the Baby Boomers Impact towards the Health Care Systems, there is only one that may wonder how they will as Baby Boomers population and their demographics impact health care systems in future generations. The subject of this reading will address this question and focus on the Baby Boomers population demographics, and explain the changes these demographics will have on health care systems in regard to patient’s needs and services. Along with explain the way demographic data informs companies the way services or products can successfully be marketed to Baby Boomers and how communities and the society needs to work together to correct demographic challenges Baby Boomers will encounter as they age.
Population Demographics
Most individuals tend to relate to the phrase Baby Boomers to oneself, father, mother, aunt, and uncle or even a grandfather or grandmother. According to the Unites States Census Bureau (2009), describes Baby Boomers as individuals born between 1946 and 1968 and as of 2009 there were 77,329,698 Baby Boomers living in the United States. The American elderly population based on the United States Census Bureau is rapidly growing therefore so will the impact on changing demographics.
Impact of Changing Demographics on the Health Care Market
According to the Bureau of Labor Statistics (2007), the impact that Baby Boomer changing demographics will have on the health care market can be seen in the charter below (Figure 1-1), which gives a perfect example of the American workforce ranging from 1940 to 1993.
[pic] Figure 2-1 Boomer Market Demographics
In the charter above the Baby Boomers are in the red, which continues to make a steady increase within the workforce from1946 to 1964, whereas the blue represents Generation X that began a dramatic descend with only a few peaks within the workforce until 1984, when Generation Y took over and is the Gold this



References: Bender, E. L. (2007, December 24). Baby Boomers and Chronic Care Cost. Retrieved from http://www.boston.com CDC Coile, R., & Trusko, B. (1999). Healthcare 2020: Challenges of the Millennium. Health Management Technology, 20(7), 34. Retrieved from MasterFILE Premier database. Experience Matters Holst, S. (2009, May 17). Baby Boom Population. Retrieved from http://www.boomerslife.org Miller, W Raham, C. (2007). Meeting Retirement Needs Of Mid-Market Boomers. National Underwriter / Life & Health Financial Services, 111(15), 13. Retrieved from MasterFILE Premier database. Su Seol, K

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