Aging In Style

As with everything the American population is aging just as expected. This may not seem like much of a problem until you consider the bubble in the size of the population that was created way back after World War II. This bubble which takes up a large percentage of the population will soon be getting to that age when healthcare becomes much more of a concern. As we have discussed in Healthcare class this surge in seniors will add to the already rising cost of healthcare in America. But as this Time Magazine article points out, healthcare will not be the only business to boom. As the article states, “Boomers will spend billions to look and feel younger”, thus creating a little extra demand in more than just hip replacements. Basically I just want to propose the possibility that even though seniors will want to spend spend spend, its not necessarily a bad idea because of the business they will create.