seniors and aging policy

Aging in place makes the senior living industry anxious.  A new article from Caring.com scopes out the cost differential between aging in place (in some states), replete with home modification requirements and related costs.  It identifies the 10 states where assisted living is actually cheaper than aging at home, with South Dakota as being the most reasonable by comparison to staying at home. Hmmm. Average temperature in South Dakota in February is, let’s say, too cold to go for a walk. But no worries, the median age in South Dakota is 38.5 and only 5% are aged 80+.  So it may be cheaper to age in place there, but virtually no one is doing it.

Census data shows what models, samples and estimates cannot. Actual responses surveying access to technology can highlight regional gaps in broadband access – despite all the talk about broadband availability ‘everywhere’ and multiple federal programs over the years trying to make it so. The Federal Communications Commission (FCC) explains why broadband access is important, even critical: senior learning programs, telehealth access, streaming video, and shopping. Let’s add social communication for communities and family, such as Zoom and FaceTime.

Government changes to help older adults. Caregiving and other demands of an aging population gained significant government attention and new initiatives during 2024, all approved, with only reimbursed telehealth access remaining to be approved. Technology enablement and access will likely be components of each of these initiatives as they evolve. Clearly more progress is required for protecting older adults from scams.

In the tech innovation world, a decade is both a long and short time.  In 2014, AARP’s Health Innovation @50+ sponsored a report, Challenging Innovators: Matching Offerings to the Needs of Older Adults.  It was published in June of 2014 in conjunction with a Venture Summit event run by Mary Furlong and Associates. This was exactly a decade prior to this year’s What’s Next Longevity Venture Summit.