A resident watches television at CHSLD Rose-de-Lima seniors residence Friday, March 12, 2021 in Laval, Quebec. Almost all of the residents in Quebec senior residences have received at least their first Covid-19 vaccination shot.THE CANADIAN PRESS/Ryan Remiorz

A resident watches television at CHSLD Rose-de-Lima seniors residence Friday, March 12, 2021 in Laval, Quebec. Almost all of the residents in Quebec senior residences have received at least their first Covid-19 vaccination shot.THE CANADIAN PRESS/Ryan Remiorz

Cost of elder care expected to double by 2031 as baby boomers turn 75: CMA study

The report estimates that 606,000 patients will seek long-term care in 2031, up from 380,000 in 2019

A new study commissioned by the Canadian Medical Association predicts the cost of elder care will nearly double by 2031, going from $30 billion per year to close to $60 billion.

The report notes that the added strain on the system is expected as baby boomers — the oldest of whom turn 75 this year — move into age groups associated with higher care needs.

The report estimates that 606,000 patients will seek long-term care in 2031, up from 380,000 in 2019.

The demand for home care will also increase to roughly 1.8 million patients, the CMA says, up from nearly 1.2 million. The increase is projected to cost $490.6 billion over the next 10 years.

CMA president Dr. Ann Collins says the COVID-19 pandemic has exposed “major cracks in seniors’ care,” adding that improvements beyond “tinkering around the edges” are needed.

The study highlights potential solutions that could lower the cost of services, noting a downward trend in the use of long-term care by seniors.

The CMA says 37,000 Canadians could be diverted from long-term care by 2031 if that trend is sustained by making better use of home care. The move would result in an estimated savings of $794 million per year.

The doctors’ group says it is using its report to press the federal government for new demographic-based annual funding to the provinces and territories to support improving elder care, as well as a pan-Canadian plan to improve elder care in Canada.

“It is not hard to imagine what awaits (seniors) in the next decade with no plan in place to address a growing demand for care along with changing expectations for aging at home,” Collins said in a release.

ALSO READ: COVID hospitalization costs $23,000 per stay, four times as much as average: CIHI

The Canadian Press


Like us on Facebook and follow us on Twitter.

Want to support local journalism during the pandemic? Make a donation here.

HealthcareSeniors

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Serving alcohol has been altered in the Central Okanagan Public Schools policy regarding rental of school facilities for after-school hours events. (Contributed)
Alcohol option opened up at Central Okanagan school facilities rented for events

Central Okanagan Board of Education retains final approval for after-hours event approvals

Voting day for the upcoming Central Okanagan Board of Education by-election is June 26. (Contributed)
Central Okanagan school board election set for June 26

Kelowna voters will go the polls to fill vacant Kelowna trustee seat

Two bikes that were stolen after a West Kelowna parking garage was looted on April 3. Photo: Crime Stoppers Central Okanagan
Parking garage looted in West Kelowna

A car was broken into and six storage lockers were ransacked

(Photo: pixabay.com)
Morning Start: More human twins are being born now than ever before

Your morning start for Friday, April 16, 2021

The administrative headquarters for Central Okanagan Public Schools in Kelowna. (File photo)
COVID-19 exposures identified at four Central Okanagan Schools

Cases of exposure at Central Okanagan schools have grown over the course of the month.

Rainbow trouts thrashing with life as they’re about to be transferred to the largest lake of their lives, even though it’s pretty small. These rainbows have a blue tinge because they matched the blue of their hatchery pen, but soon they’ll take on the green-browns of their new home at Lookout Lake. (Zoe Ducklow/News Staff)
VIDEO: B.C. lake stocked with hatchery trout to delight of a seniors fishing club

The Cherish Trout Scouts made plans to come back fishing soon

Vernon North Okanagan RCMP were present at the McDonalds in Armstrong Thursday, April 15, 2021. (Tomer Joury - Facebook)
Police handle ‘high-risk’ situation at Armstrong residence

A woman was apprehended and taken to hospital under the Mental Health Act; no charges laid

The towns of Osoyoos and Oliver and the Osoyoos Indian Band are beginning to look into the feasibility of a regional aquatic centre. (Metro Creative Graphics)
South Okanagan leaders team up to get ball rolling on regional aquatic centre

Oliver and Osoyoos have long expressed desire for a year-round indoor aquatic centre

Since April 4, 38 flights with COVID-19 cases have departed from Vancouver International Airport, while 23 arrived. (Phil McLachlan/Capital News)
Vancouver the largest source of domestic flights with COVID-19 cases: data

This month alone, 38 flights with COVID-19 cases have departed from Vancouver International Airport, while 23 arrived

John Furlong, Own The Podium board chairman and former CEO of the Vancouver Olympics, addresses a Vancouver Board of Trade luncheon in Vancouver, B.C., on Wednesday November 25, 2015.THE CANADIAN PRESS/Darryl Dyck
John Furlong presents 2030 Winter Games vision to Vancouver Board of Trade

Vancouver and Whistler would remain among host sites because of 2010 sport venues still operational

RCMP cruiser, no date.
Threats against RCMP lead to high-risk situation in Ashcroft

Distraught man made threats directed at police, potentially had access to firearms

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Photo by Metro Creative Connection
New campgrounds coming to B.C. parks as part of $82M provincial boost

This season alone, 185 campsites are being added to provincial parks, says Minister of Environment and Climate Change

A Canada goose honks at other birds at Salish Park on Saturday, Jan. 9, 2021. (Jenna Hauck/ Chilliwack Progress)
Goose addling program underway in Vernon

2021 cull applications in process as addling program enters 15th year

Most Read