Caring for Ageing Baby Boomers Essay

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To start with, finances have to be availed for the institution of long-term care that is responsive to challenges that the frail Baby Boomers contend with. A viable and affordable community-based delivery system must be built. To achieve lower disability rates, stakeholders should make an undertaking to invest in healthy aging. Finally, the concept of family and the value of seniors in American culture have to be recharged (Knickman & Snell, 2002). The review of this report has made me know the current sources of financing for the long-term care services of the elderly. I have realized that Medicare's coverage only focuses on home care related to medical problems like broken hips and is essentially restricted to people receiving rehabilitation. It doesn't cater for long-term care (Knickman & Snell, 2002). The report has made me appreciate the role federal Medicaid program plays in long-term care financing of the frail and the poor. I have also learnt through this report that out-of-pocket finances largely cater for the care of the elderly (Knickman & Snell, 2002).

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I have also learnt that Washington is not keen at reforming the financing system because many elders will be adamant to use their savings to cater for their healthcare needs.

Lesson drawn from this report will be very handy in my own practice of healthcare administration. I have appreciated that to reform the financing system and put in place a public insurance system I would have to widen my taxation base and allow private insurance to be paid for from private savings. As a healthcare administrator, I will initiate social and policy changes to meet the long-term care needs of Baby Boomers (Knickman & Snell, 2002)......

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