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How the Changing Healthcare Environment Will Impact Baby Boomers

  • Broadcast in Current Events
Michael Spencer

Michael Spencer


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The US healthcare system is currently the last remaining privatized healthcare systems in the industrialized world. The new health plan passed by the Obama administration is the first of many stages that will, over the next decade, lead us down the road to socialized medicine. This is a similar path that many European countries followed along the way to creating a complete socialized medical system. Lawmakers believe that by being proactive there is a chance to stem costs and provide as much service as is financially possible to the majority of the population. Unfortunately, if you are over 75 or whatever the determined cutoff age is you may no longer considered a viable contributor to society, therefore your tier of service will begin to decrease compared to the rest of the population. The population will need to start taking responsibility for themselves and change their lifestyles if they want to live into their 70’s and 80’s with any kind of quality of life.