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The Impact Of Agencies On Aging

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Agencies on Aging are non-profit, and are mainly funded through Federal dollars which exist because of the Older Americans Act, which began in 1965. The agencies are in need of innovative ways to compete for services needed to fulfill the growing aging populations which these agencies support. Because Federal funding is slow to catch up to today’s costs of care, transportation, and social needs of the growing aging populations, agencies on aging are focusing on changes in ways to compete for funds. The high cost of service needs will ultimately affect the already meager resources agencies on aging face daily. Due to the restructuring of the healthcare system the main challenge is competition for services that are cost effective. By using
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Increasing costs all around the globe due to economic downfalls is making this issue even more challenging. It is vital that we have some focus on revenue, but we can’t lose focus on the costs of running a business. In health care this can be very challenging because of all the changes involved with the government, in laws regarding health care reform. “Understanding the total costs of services will allow the redeployment of resources which provide a higher payback, or will facilitate the elimination of those resources altogether.” (Hughes, 2011).

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The identified selected funding agency that has been identified is the Harry and Jeanette Weinberg Foundation (http://hjweinbergfoundation.org/program-areas/older-adults/) (http://hjweinbergfoundation.org/grants/). I modified the grant as a result of search because this foundation provides money for seniors and veterans. This grant proposal will be written to support two identified vulnerable populations the Foundation has determined as underserved. This will make this grant stand out to the funders and evidence its uniqueness by demonstrating the goals and objectives outlined by the Foundation, inclusive of two underserved populations.

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[Cost] Cost could potentially be the biggest factor of the iron triangle and perhaps the side of the model that leaves administrators most puzzled. With new technology being released quarterly, drug prices soaring, a new aging population that can't be supported by the current workforce, Medicare cutting reimbursement payments and leaning towards insolvency, and the price per service continues to rise it seems as if cutting costs down may seem impossible. Not only have hospitals and clinics began looking for more cost-efficient ways to provide care or, unfortunately which programs to cut, the political arena has been evaluating this as well. Since Obamacare has not lived up to its true potential and glory an alternative method must be identified before the nation's model of healthcare implodes from high costs.

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The data, as reported by the Bureau of Census in 2012, is in agreement with the trend stated above. According to the study, roughly 9.1% of geriatrics live in poverty, whereas 21.8% of 18-64 year olds live in poverty (2012 census figure 5). In the past five decades, the rate of poverty in those 65+ has decreased a massive 26.1%. The favorable consequences of Medicare are undeniable and amidst the concern for the elderly, there was a growing awareness regarding civil rights issues of the

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It is my analysis of the financial burden and decisions we had to make for my grandmother is that as the demand increases for long-term care as the baby boomer population ages, Medicare and Medicaid will be forced to reevaluate how they pay for long-term care. Many states are not equipped to handle the comprehensive needs of this aging population (Ford, Henderson, & Handley, 2010). Also, families are forced to take on enormous financial burdens due to the lack of coverage by Medicare (Can Medicare, 2015). The are no true pros to this situation.

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Melanie Lindner explains the many ways that a business can position themselves to take advantage of the aging population of the United States in her article titled, Entrepreneurs - How to Profit from the Baby Boom. She lists a number of markets where the growing elderly population is demanding goods and services that are tailored just for them. The author explains that through a deeper understanding of these needs and wants for this demographic, a company can create an effective marketing mix of product, price, promotion, and place. By using this marketing mix to position themselves as the best value for money, a business can become successful catering to the baby boomer.

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The topic of this document is the impact of aging baby boomer on labor force participation. It’s a document published on February 2014, wrote by Alicia H. Munnell. There were lots of changes in the labor force participation rate. The great change began in the 1960s with the baby boom.

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Then in 1985 The Emergency Medical Treatment and Labor Act (EMTALA) required hospitals participating in Medicare that operated active emergency rooms to provide appropriate medical screenings and stabilizing treatments. Demographic changes contribute to this health care fiscal challenge. America's population is aging, and the aged use greater health care services. Not only are the baby boomers aging, but they are living longer, which

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The sixty-five and over population has grown to be the fastest growing group.   Because there will be advances in nutrition and medicine, centenarians will be at one million by the center of the twenty-first century.  Non-whites are to be expected to be one-third of the population by 2050. As of now, minorities are misrepresented because most of them do not have health insurance or care.

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Social Reform Period (1960-1970) During this time, Medicare and Medicaid were introduced by the President Lyndon Johnson. America looked like a “country that was blessed and had hospitals and professionals that were the envy of the world” (Stevens, 1996). However, doctors worked many hours because poor and elderly citizens had more access to health care. Doctors stated that “lower-class patients were often dissatisfied with their medical services and wanted government medicine” (Stevens, 1996).

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All levels of senior care are available on campus ranging from independent living, assisted living, long-term care, rehabilitation, and hospice service. An additional strength of the organization includes long tenure employees (there are employees in different levels and departments with over 15-20 years of longevity), extended longevity equal employee satisfaction and high moral which in turn provides positive patient care, high patient satisfaction, and quality indicators which allow for repeat customers. Staffing ratios are above minimal standards in the healthcare center and memory care.

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Second, an organization called American Seniors Association (ASA), is a publicly traded company. ASA offers same benefits to the members as AARP with some extra perks. It is interesting how ASA brags about their conservativeness and noninvolvement in the politics. As per the website of ASA, “we won't play the Washington game when it comes to protecting your benefits. At American Seniors, we protect the interests of the nation's seniors.”

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Elderly care will be a growing non-profit organization that will continue to give people the chance to enjoy their lives and not feel depressed because of their health

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