Saturday, November 10, 2012

Old People Versus Babies, In One Graph : Planet Money : NPR

Old People Versus Babies, In One Graph : Planet Money : NPR

As women have fewer children, and people live longer, fewer workers to support the elderly non-working. What's the answer?
The planet can't handle enough people to keep the ratio lower [IMHO].
so, do we make the elderly live longer?
or make the wealthy-elderly pay for their own maintenance?
Or start limiting treatments. Agreeing to pay for basic maintenance, but not for everything. Perhaps we need to do a strict cost-benefit analysis on all medical treatments, and then, yes, start rationing them.
You want new eyes [cataract surgery]? Fine. You can have that, or you can have 1 knee replaced.  Or, you can have both knees, and 6 months in a nursing home, or both knees and both hips, and that's it.
Of course, then we'd have to start having those conversations about the end of life, and about preparing for our 'golden' years. Taking care of ourselves before the event, not living as if there were no tomorrow [or at least not one we'd have to pay for].

No comments: