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	Though one may not expect to see health care spending increase in a society with a slow growing population, however not all health dollars are spent equally across age groups. As Image 2 illustrates, older adults financially use much more on health and health services. <ref name="CIHI">Canadian Institute for Health Information (2009),''National Health Expenditure Trends'', Ottawa, ON: CIHI.</ref> This is not surprising, as older adults are more likely to suffer chronic illness and disability, and are also more likely to require extensive health care and health services.		Though one may not expect to see health care spending increase in a society with a slow growing population, however not all health dollars are spent equally across age groups. As Image 2 illustrates, older adults financially use much more on health and health services. <ref name="CIHI">Canadian Institute for Health Information (2009),''National Health Expenditure Trends'', Ottawa, ON: CIHI.</ref> This is not surprising, as older adults are more likely to suffer chronic illness and disability, and are also more likely to require extensive health care and health services.
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	==Notes and References==		==Notes and References==
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Revision as of 13:59, 30 October 2011

Contents 1 Group #13 "Baby Boomers in Canada: A retiree nation" 2 Effects of an ageing retiree population on overal society (Stephen's Section) 2.1 Economy/ Pension 2.2 Healthcare 3 Notes and References

Group #13 "Baby Boomers in Canada: A retiree nation"

• 1. Kalyn Kraul
• 2. Stephen Lachan
• 3. Lauren Jefferies

Effects of an ageing retiree population on overal society (Stephen's Section)

Since the first baby boomer was born in 1946, the group as a whole has profoundly altered the demographic landscape of Canada throughout every life stage. In 2011, the first baby boomers reached retirement age, and as this disproportionately large cohort continues to age it will undoubtedly alter Canadian society in a variety of ways. Since fertility rates have greatly declined in the post-baby boom cohorts, and life expectancy is projected to keep increasing, the effect of The baby boomer generation on Society as they proceed to later adulthood will be especially pronounced. Future societal change predictions and implications will be reviewed -namely, the effect on Canadian Economy and pension, Healthcare, and overall social policy will be discussed.

Economy/ Pension

As the baby-boomers enter retirement age, many implications for the Canadian economy can be identified.

Healthcare

The effect of the baby boomers on our health care system will also likely be quite profound. As illustrated, Canada's healthcare spending has increased steadily, and it is projected to keep increasing. ^[1]

^[1]

Though one may not expect to see health care spending increase in a society with a slow growing population, however not all health dollars are spent equally across age groups. As Image 2 illustrates, older adults financially use much more on health and health services. ^[1] This is not surprising, as older adults are more likely to suffer chronic illness and disability, and are also more likely to require extensive health care and health services.

^[1]

Less people working will mean less taxable income contributing to the

Notes and References

1. ↑ ^{1.0 1.1 1.2 1.3} Canadian Institute for Health Information (2009),National Health Expenditure Trends, Ottawa, ON: CIHI.