Age in Place Send To A Friend

April 14, 2014

In This Week's Issue

  • The Graying of America
  • How to Make a Difference in Your Community
  • Expansion of Home and Community Based Service Programs
  • Senators Request Funding Increase for Older Americans Act
  • Upcoming Events

The Graying of America

The newest generation is the oldest generation. Take heed, young whippersnappers. The Gray Revolution is upon us.

All you have to do is sit through a night of commercial television, and you can’t help but see that spots once filled with beers and cars are now selling retirement and physical enhancement products. And this year’s list of best picture Oscar nominees included “Philomena” and “Nebraska,” movies that would never have found financing just a few years ago.

For the first time in our history, the over-60 sector will be the single largest sector of the American population. Markets are shaped by money. And the senior consumer is becoming the surest bet.

Politics is also about to feel the effect. The over-60's have always voted in far greater numbers than any other age group. And now they’re the largest age group. Candidates, ignore them at your own peril!

So, if you’re business serves seniors, you are in the right place at the right time. (Finally, you say, and who can blame you.) What you need to do, like all those financial services and pharmaceutical companies, is let them know you exist.

Of course, as a small business owner, you don’t have the means to spread your message like large corporations can. And that’s what the National Aging in Place Council is all about.

Aging in Place has become a much more familiar term amongst the general public over the past few years. Almost everyone has heard it. But ask them what it means? What it encompasses? How do you age in place?

By banding together, we can tell that story that we can’t tell individually.

How to Make a Difference in Your Community

Telling our story to America requires an ongoing conversation among us. Join us June 9-10 in Washington, D. C. for our NAIPC Annual Meeting, "How to Make a Difference in Your Community."

This year’s conversation topics were inspired by the conversation at last June’s Annual Meeting and last October’s Aging in Place Policy Summit.

Sessions will include:
  • How to encourage more senior housing in your community
  • Establishing a National Retirement Concierge Program
  • Filling the caregiving gap with professionals and family
  • How to build relationships with Villages and other senior communities
We will also present workshops on sustaining chapter interest and membership and also on how to lobby your local government.

We will be publishing out full agenda soon. But registration is now open.

Expansion of Home and Community Based Service Programs

The numbers are staggering: the number 65+ of adults will more than double to 88 million in the next 35 years; 19 million of that 88 million will be 85+; the average annual cost of a nursing home room in the U.S. in 2012 was $81,030; and the average annual cost of a private room in an assisted living facility was $42,600.

So what’s the solution? There’s no easy answer to that question. However, a recent report from the Center for Housing Policy provides an overview of various models of home- and community-based supportive service programs that are currently in place across the country.

These models, while all different in design, share the same core: linking seniors with the supportive services that they need. Each tailored to the characteristics of the neighborhoods and the specific needs of the seniors in their respective communities, these models provide crucial aging in place services to the seniors who need them.

Funding these models, however, continues to be a major constraint. These initiatives are funded predominantly by community programs, philanthropic donations, and government grants, all sources that tend to dry up during difficult economic times.

However, the report stresses the importance of carefully tracking and evaluating initiatives like these. Replicating these models on a larger scale and gathering data on their success could demonstrate the benefits of these programs and the ways that these programs can potentially offset the costs of family finances, healthcare, and housing.

To read the full report,
click here.

Senators Request Funding Increase for Older Americans Act

Sen. Bernie Sanders (I-Vt.) and Sen. Patrick Leahy (D-Vt.), with the support of 25 other senators, are urging the Senate Committee on Appropriations to increase the 2015 funding of the Older Americans Act by 12%. In the letter, the senators said that the funding increases have not been significant enough in past years to keep up with inflation and demand.

Additionally, the senators emphasized that funding OOA programs like Meals on Wheels and transportation services helps more seniors to stay in their homes, resulting in savings for taxpayers by offsetting the need for Medicare and Medicaid expenditures for nursing home and assisted living costs.

While still not a substantial increase, it’s a step in the right direction to ensure programs that seniors desperately need will continue to be available to them through 2015.

To read the full letter,
click here.

Upcoming Events

4/23/2014 Minneapolis/St. Paul Chapter Monthly Meeting
5/14/2014 Long Island Chapter Monthly Meeting
5/14/2014 Boston Chapter Dinner Meeting
5/20/2014 Long Island Chapter Seminar
5/28/2014 Minneapolis/St. Paul Chapter Monthly Meeting
5/29/2014 Orange County Chapter Monthly Member Meeting
6/9/2014 NAIPC Annual Meeting