I’ve spoken here many times on the childcare crisis in our country, and about the burden that it places on caregivers and especially on women who tend to take on the bulk of that work. But today, I’m going to talk about an issue at the opposite end of the spectrum, and that is eldercare. Baby Boomers are aging and their midlife children, we’re soon going to start being presented with the need to care for this population of parents often while simultaneously caring for our own young children. And often while also working full time at jobs that rarely provide paid leave. Which is, I mean, it’s impossible for anyone without limitless resources. In 2030, there will be more United States residents over the age of 65 than children. We’re about to have a huge population of people requiring complex ongoing care. And yet policymakers don’t seem to view this as a pressing issue. Medicare doesn’t cover most long term care. Medicaid requires applicants to have next to no assets in order to be eligible, which cuts out a lot of lower and middle income people. Nursing homes on top of being extremely pricey, even just a semi private room can run almost $100,000 A year also have huge variance in terms of the quality of care provided. And the last option, private in home care is just like financially way out of reach for most people. So who does the burden of care follow on while on family members and most often women who are as a reminder more often than not responsible for the bulk of childcare as well. And all of this takes a serious toll. Studies have found that caregivers have elevated rates of depression of anxiety and increased risk of suffering from stress related physical ailments such ailments such as heart disease. So what do we do? It is a deeply complex issue that is going to require a dedicated multi pronged approach. But a start would be loosening requirements for Medicaid and passing laws requiring companies to provide paid leave for employees who need time away to care for aging family members, and New York. Some progress has been made through programs that allow family caregivers to be paid fairly nominal amounts of money through Medicaid and that is a step in the right direction. But it is not a magic bullet. It just never stops being astounding to me, the extent of policymakers disregard for the very young and the very old, and by extension for those of us in the middle who are responsible for them all. We need help and we need it soon.
Related
Jordan Reid
Author; Founding Editor, Ramshackle Glam
View Video LibraryCommentary
Our commentary partners will help you reach your own conclusions on complex topics.
Assassination attempt on Slovakia’s prime minister explained
21 hrs ago
Peter Zeihan
Will Nigeria become Africa’s first superpower?
Yesterday
Peter Zeihan
Why Putin axed Shoigu
Tuesday
Peter Zeihan
New roles for Russia, North Korea, Iran in global arms trade
Monday
Peter Zeihan
Americans will need help caring for aging baby boomers
Oct 26, 2023
By Straight Arrow News
As baby boomers begin to consider senior living options, the burdens of senior healthcare will fall upon working millennials and Gen X, who will be raising their children and working one or two jobs while also caring for their aging parents. It’s a burden that will present unique challenges to Americans today and in the years ahead.
Straight Arrow News contributor Jordan Reid is particularly concerned about the high cost of most senior healthcare options, combined with the lack of public healthcare and the strict limitations of both Medicaid and Medicare. The increasing financial burden of senior care, Reid notes, looks even more impossible for working-age Americans to cover once you overlap those with the rising costs of childcare.
I’ve spoken here many times on the childcare crisis in our country, and about the burden that it places on caregivers, and especially on women who tend to take on the bulk of that work. But today, I’m going to talk about an issue at the opposite end of the spectrum, and that is — eldercare.
Baby boomers are aging, and their midlife children … we’re soon going to start being presented with the need to care for this population of parents, often while simultaneously caring for our own young children, and often while also working full-time at jobs that rarely provide paid leave, which is impossible for anyone without limitless resources.
In 2030, there will be more United States residents over the age of 65 than children. We’re about to have a huge population of people requiring complex ongoing care. And yet policymakers don’t seem to view this as a pressing issue. Medicare doesn’t cover most long-term care. Medicaid requires applicants to have next to no assets in order to be eligible, which cuts out a lot of lower- and middle-income people.
I’ve spoken here many times on the childcare crisis in our country, and about the burden that it places on caregivers and especially on women who tend to take on the bulk of that work. But today, I’m going to talk about an issue at the opposite end of the spectrum, and that is eldercare. Baby Boomers are aging and their midlife children, we’re soon going to start being presented with the need to care for this population of parents often while simultaneously caring for our own young children. And often while also working full time at jobs that rarely provide paid leave. Which is, I mean, it’s impossible for anyone without limitless resources. In 2030, there will be more United States residents over the age of 65 than children. We’re about to have a huge population of people requiring complex ongoing care. And yet policymakers don’t seem to view this as a pressing issue. Medicare doesn’t cover most long term care. Medicaid requires applicants to have next to no assets in order to be eligible, which cuts out a lot of lower and middle income people. Nursing homes on top of being extremely pricey, even just a semi private room can run almost $100,000 A year also have huge variance in terms of the quality of care provided. And the last option, private in home care is just like financially way out of reach for most people. So who does the burden of care follow on while on family members and most often women who are as a reminder more often than not responsible for the bulk of childcare as well. And all of this takes a serious toll. Studies have found that caregivers have elevated rates of depression of anxiety and increased risk of suffering from stress related physical ailments such ailments such as heart disease. So what do we do? It is a deeply complex issue that is going to require a dedicated multi pronged approach. But a start would be loosening requirements for Medicaid and passing laws requiring companies to provide paid leave for employees who need time away to care for aging family members, and New York. Some progress has been made through programs that allow family caregivers to be paid fairly nominal amounts of money through Medicaid and that is a step in the right direction. But it is not a magic bullet. It just never stops being astounding to me, the extent of policymakers disregard for the very young and the very old, and by extension for those of us in the middle who are responsible for them all. We need help and we need it soon.
Related
It’s okay for Met Gala celebrities to avoid politics
During this year’s Met Gala, as some celebrities donned dramatic dresses made of sand or thousands of crystals, there was a noticeable absence of political statements. Some activists on social media responded with a campaign aimed at taking away the platform for celebrities who have refused to use their positions to speak up for people…
Yesterday
Why the Trump family is missing from court appearances
Former President Donald Trump is currently attending his Manhattan trial as a defendant facing 34 charges of falsifying business records. Despite this ongoing legal fight, sightings of his family have been rare at the proceedings. While his adult son Eric made one appearance, none of his other children, nor his third wife Melania, have been…
May 9
Careful Left, campus protests will end up benefiting Trump
Protests against the Israel-Hamas war have flared up at universities across the United States and around the world. Some universities resorted to calling the police to break up larger protests, leading to mass arrests at places like the University of Southern California and the use of tear gas in Florida, among others. At the University…
May 2
Portraying far-left and far-right as equal in ‘Civil War’ is wrong
The movie “Civil War,” which depicts Texas and California seceding from the nation to wage war on Washington, D.C., reflects a what-if scenario fueled by memories of the Jan. 6 Capitol attack. But as the presidential election looms, discussions about civil war have moved beyond theoretical debates to become a serious consideration among some voters.…
Apr 25
Why I doubt Trump will be convicted in hush money case
Donald Trump is the first former president to face trial on criminal charges. In the first of potentially four trials, Trump entered a plea of not guilty to 34 counts of falsifying business records. These charges stem from a $130,000 payment made to the adult actress and stripper Stormy Daniels, which aimed to keep her…
Apr 18
Underreported stories from each side
NRA and conservative legal group sue New Mexico governor over 7-day waiting period to buy guns
6 sources | 0% from the left
Reuters
House passes TICKET Act targeting hidden concert fees
9 sources | 11% from the right
Getty Images
Latest Stories
Ukraine launches major drone counter-attack on Russian sites
Watch 2:34
15 hrs ago
Honda will use Formula 1 technology in its upcoming EV lineup
Watch 1:35
15 hrs ago
‘Fake eyelashes,’ ‘butch body’: Insults fly in congressional hearing
Watch 2:33
15 hrs ago
Billionaires discuss how to shut down Columbia protests in group chat: Report
Watch 2:47
16 hrs ago
Congress launches probe of UCLA after violence on campus
Watch 2:59
16 hrs ago
Popular Opinions
In addition to the facts, we believe it’s vital to hear perspectives from all sides of the political spectrum.
Politicians and Supreme Court justices must have term limits
21 hrs ago
Dr. Rashad Richey
During Police Week, all Americans should honor fallen officers
21 hrs ago
Star Parker
Universities must blame themselves for protest hypocrisy
Yesterday
Timothy Carney
It’s okay for Met Gala celebrities to avoid politics
Yesterday
Jordan Reid