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Health care is evolving with medical advancements each year. Millennials are seeing improvements to medical treatments before they need them, meaning there will be options to extend their lives.
Health care is evolving with medical advancements each year. Millennials are seeing improvements to medical treatments before they need them, meaning there will be options to extend their lives.
🎂 Living Longer
🎂 Living Longer
Millennials are projected to live longer than their parents in part to the healthier diets and the increase interest in making time to exercise. The combination of these habits are growing in population. In addition to this movement are advancements in the practice of medicine, creating another reason why Millennials can expect a few more candles to blow out in their life time.
Millennials are projected to live longer than their parents in part to the healthier diets and the increase interest in making time to exercise. The combination of these habits are growing in population. In addition to this movement are advancements in the practice of medicine, creating another reason why Millennials can expect a few more candles to blow out in their life time.
💊 Medical Breakthroughs
💊 Medical Breakthroughs
Cures and procedures continue to be unveiled at the Cleveland Clinic’s Medical Innovation at the Cleveland Clinic’s Medical Innovation Summit. Millennials are seeing improvements to medical treatments before they even need them, meaning there will be options to extend their health, at most likely a premium price being that they are at the forefront of these new medical breakthroughs. However, these breakthroughs may be finding old issues that now medical spending is being applied to treat the "new" illness.
Cures and procedures continue to be unveiled at the Cleveland Clinic’s Medical Innovation at the Cleveland Clinic’s Medical Innovation Summit. Millennials are seeing improvements to medical treatments before they even need them, meaning there will be options to extend their health, at most likely a premium price being that they are at the forefront of these new medical breakthroughs. However, these breakthroughs may be finding old issues that now medical spending is being applied to treat the "new" illness.
📈 Rising Cost
📈 Rising Cost
One way to measure health care cost over time is by the Health Care Costs by Year provided by website The Balance, as reported by Kimberly Amadeo. Based on health care costs by year per person, $146 was the cost per person on average in 1960. Fifty-five years later, the cost per person has risen to $9,990 in 2015 (Amadeo, Kimberly, 2017) showing a massive increase in health care cost. Millennials must take this massive increase in medical expenses as a factor that is not included in the tried and true inflation rate calculation. Living longer will exposed the rising cost of care at a rate much higher than their parents.
One way to measure health care cost over time is by the Health Care Costs by Year provided by website The Balance, as reported by Kimberly Amadeo. Based on health care costs by year per person, $146 was the cost per person on average in 1960. Fifty-five years later, the cost per person has risen to $9,990 in 2015 (Amadeo, Kimberly, 2017) showing a massive increase in health care cost. Millennials must take this massive increase in medical expenses as a factor that is not included in the tried and true inflation rate calculation. Living longer will exposed the rising cost of care at a rate much higher than their parents.
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