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unsustainable costs in health and social care PDF

Added on - 24 Jan 2022

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The UK’s ageing population is responsible for unsustainable
costs in health and social care
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Table of Contents
Introduction...................................................................................................................2
The UK’s ageing population is responsible for unsustainable costs in health and
social care.....................................................................................................................2
Conclusion....................................................................................................................7
References...................................................................................................................8
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Introduction
PopulationageingimpliesachangeinthedemographicsectorwithintheUK
population, which reflects the increasing number of older adults. This means that due
to the low birth rate, only few young individuals are able to join the UK population.
Loweringdeathlevels,especiallyamongstthoseabovetheageof65,are
contributing to a growthof older individuals (Kingstonet al.2018). Increase in ageing
population is mainly because of advanced medical treatments that aims to cure older
people quickly, along with remedies to treat diseases. The following essay will give
insightsonunderstandinghowtheageingpopulationofUKisresponsiblefor
increasing unsustainable healthcare and social care costs. The essay will further
argue whether the rising expenses of ageing is a public concern and if it is ethically
right to fund the ageing population. Further, the following essay will also speak about
the societal benefits of the ageing population and the advantages of giving and
embracing a new life path.
The UK’s ageing population is responsible for unsustainable costs
in health and social care
According to the UK health data, the number of people aged 60 and above is
expandingatarateof1.9percentannually,thatis60percenthigherwhen
compared with theglobal community.According to the report, the ageing generation
will keep driving national health expenditure. Within 2027, thenational health care
costs will rise to 19.4% of GDP, or $6 trillion (Ferguson and Belloni 2021). According
to reports, around two-fifth of the total spending from national health funds are spend
for people over 65 years of age. As per the Treasury analysis, the cost of healthcare
treatments for an 85 years man is seven times more than the cost for a 30 years
individual.Thisimpliesagedindividualcostaround$7000annually.Experts
anticipated that by the end of2050, there will approximately four individuals aged 15
to 65 on the planet. These developments would exert a significant impact and rising
healthcare and social costs upon the United Kingdom. Moreover, from the time
period from 2014 to 2039, adults over 60 years willaccount for more than 70 percent
ofthetotalUKdemographic,risingfrom14.9almost21.9millionindividuals
(ageuk.org 2021).
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