NH Center for Public Policy Studies
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By the year 2020, New Hampshire’s shift towards an increasingly older population will reach a peak. And by 2030, nearly half a million Granite Staters will be over the age of 65, representing almost one-third of the population. This trend will influence nearly every critical policy debate, perhaps none more so than health care. Released today, the Center’s latest report, “New Hampshire’s Silver Tsunami,” analyzes the potential impacts of this demographic shift on the state’s health care systems.
According to the report’s findings, the move towards an older population in New Hampshire will: - reshape the state’s private insurance market
- force a reassessment of the public long-term-care system
- put increased pressure on the state’s health care providers
- exacerbate existing problems in recruiting and retaining a health care workforce.
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1/3 of the state's population to be seniors... wow.
Where is the state going to find the money and health care workers to take care of 500,000 seniors? The article also says that the number of elderly prison inmates will double, and that NH doctors are already older themselves, so the state will need a lot of new doctors to treat the aging population.
We already see how a nursing home is bankrupting Strafford County.
american-cities-going-broke-247wallst: Personal Finance News from Yahoo! Finance
Quote:
Strafford County's low rating is largely due to a money-losing nursing home, on which the county spends two-fifths of its budget. Just under 85% of the patients at the Riverside Rest Home are eligible for Medicaid, yet state reimbursements to the county continue to decrease, according to Moody's. Between 2004 and 2009, the nursing home lost $36 million. The county does not expect to recover much of the money it used to cover these deficits.
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Why is a county spending two-fifths of its budget on a nursing home?
I wonder if this crisis could lead NH to implement a state income tax or some way to fund nursing home care at the state level? I also wonder how FL is handling the situation dow here? All we hear about is how nursing homes in FL are abusing the patients - there have been terrible deaths by fire ant bites, falls, wandering off and getting eaten by alligators - NO lie. Our new Govenor just fired the ombudsman and is reducing oversight even more.
This is a nationwide crisis that is brewing and states just don't have the resources to deal with it.