Welcome to our Japan-lite future, America. I hope Susan Collins is furrowing her brow somewhere at the house LePage built.
Experts: Our population is aging much faster than is sustainable - elder care will be critically understaffed and unaffordable in the next decade. There's also an entire generation of young people who won't have the necessary wealth to pay for prolonged care of their parents in the future.
Americans: But what can we do to stop it?
Experts: Let in more young unskilled workers who are willing to take low-paying jobs. Legislate a public option that guarantees elder care.
Americans: No.
Being stubborn on immigration/NIMBYism, wages, and healthcare is going to leave a lot of this country dying slowly with no one around to hear the death rattle.
From the writer:
The disconnect between Maine's aging population and its need for young workers to care for that population is expected to be mirrored in states throughout the country over the coming decade, demographic experts say. And that's especially true in states with populations with fewer immigrants, who are disproportionately represented in many occupations serving the elderly, statistics show.
Last year, Maine crossed a crucial aging milestone: A fifth of its population is older than 65, which meets the definition of "super-aged," according to the World Bank.
By 2026, Maine will be joined by more than 15 other states, according to Fitch Ratings, including Vermont and New Hampshire, Maine's neighbors in the Northeast; Montana; Delaware; West Virginia; Wisconsin; and Pennsylvania. More than a dozen more will meet that criterion by 2030.
Across the country, the number of seniors will grow by more than 40 million, approximately doubling between 2015 and 2050, while the population older than 85 will come close to tripling.
Experts say the nation will have to refashion its workforce, overhaul its old-age programs and learn how to care for tens of millions of elderly people without ruining their families' financial lives.
Care workers in Maine were paid about $11.37 an hour in 2017, according to an AARP report, with a 2019 minimum wage of $11 an hour. As Kristi Penny, who has cared for Honey for four years, noted over the phone: "Even Dunkin' Donuts pays you more."
About one-third of Maine's physicians are older than 60. In several rural counties in the state, close to half of the registered nurses are 55 or older and expected to retire or cut back their hours within a decade.
Betsy Sawyer-Manter, president of the SeniorsPlus agency responsible for placing care workers with Medicaid enrollees, said she was not surprised by Flaherty's story of failing to find a worker for her mother, despite qualifying for care. Sawyer-Manter said that every week her agency cannot fill more than 6,000 hours of direct care that have been authorized by the state because of worker shortages.
"If there aren't any workers in that area, there's nothing we can do," Sawyer-Manter said. "As people retire, we just don't have enough workers to do all the jobs we need done."
The United States is projected to have 7.8 million job openings for care workers by the middle of the next decade, making it among the fastest-growing professions in the country, with millions of new openings created by higher demand; millions of care workers retiring; and millions more finding new professions, according to the Paraprofessional Healthcare Institute, an advocacy organization. The total cost of caring for America's elderly will double from $2.8 trillion to $5.6 trillion by 2047, a report by the consulting firm PwC found.
"Left unaddressed, this will be catastrophic. We as a country have not wrapped our heads around what it's going to take to pay for long-term care," Chernof said.
Other countries have responded to their aging populations with government-provided care, and many have beefed up the number of aides and providers. America and England are the only economically developed nations in the West that do not provide a universal long-term-care benefit, said Howard Gleckman, author of a book about long-term care and a senior fellow at the Urban Institute, a nonpartisan think tank.
Experts: Our population is aging much faster than is sustainable - elder care will be critically understaffed and unaffordable in the next decade. There's also an entire generation of young people who won't have the necessary wealth to pay for prolonged care of their parents in the future.
Americans: But what can we do to stop it?
Experts: Let in more young unskilled workers who are willing to take low-paying jobs. Legislate a public option that guarantees elder care.
Americans: No.
Being stubborn on immigration/NIMBYism, wages, and healthcare is going to leave a lot of this country dying slowly with no one around to hear the death rattle.
From the writer: