Posted on: July 12, 2019 by Manchester Specialty
It’s estimated that by 2030 the Baby Boomer population will be between ages 66 and 84 and will number 61 million people, with many individuals living with complex health care needs and multiple chronic conditions. Following is some data indicating how many more people will be managing more chronic conditions and ultimately utilizing more health care services by 2030:
In order to meet the health care and safety needs of America’s aging population, it’s necessary that the direct-care workforce be well trained. In fact, a study conducted by The Bipartisan Policy Center, a Washington, D.C.-based think tank, in a report released late last year highlighted the need to support the country’s direct-care workforce. “We know that patients living with serious illness prefer to receive care in the home, rather than an institution like a hospital or nursing home,” Katherine Hayes, Bipartisan Policy Center’s director of health policy said in a statement. “Creating training opportunities for our direct care workforce, such as personal care aides, will give them important new skills so they can continue to work in the home.”
According to current data from the Bipartisan Policy Center, there are more than three care workers for every retiree. By 2030, that number will decrease to two workers for every retiree, while baby boomers continue to age.
The think tank behind the Bipartisan Policy Center report outlined several recommendations to strengthen care to meet future needs:
The report also recommended that the CMS examine ways to improve the assessment of individual and caregiver needs and ways to adjust payments to reflect costs. Additionally, the HHS should permit plans to use newly created authority within Medicare Advantage to support family caregivers with respite care services.
“Caregiving can be rewarding, but it can also be stressful,” Hayes said. “Without the proper support systems in place, caregivers and the individuals they care for can experience poorer health outcomes.”
To meet the needs of our aging population, several home care providers have begun implementing the creation of career ladders as a priority in an effort to better recruit and retain workers. This involves launching dedicated training programs that give workers avenues for becoming specialists in certain areas, such as dementia care.
Manchester Specialty provides a total business insurance solution for home health care providers. We can help you provide the following insurance lines to your clients: General Liability, Professional Liability, Workers’ Compensation, Management Liability, Cyber Liability and Non-Owned & Hired Auto insurance, among other key coverages. For more information about how we can help you protect your insureds, please contact us at 855.972.9399.
Posted in: Home Healthcare Providers