Breaking Barriers for the Baby Boomer Burden: How Removing Interstate Provider Licensure for Telemedicine Can Alleviate Impending Health Care Costs
November 7, 2018
Health Care Liability & Litigation Newsletter
Types : Bylined Articles
In March 2018, the United States Census Bureau projected that by 2030, all baby boomers will be over the age of 65. This shift in the population will mark the first time in U.S. history where there will be more people over the age of 65 than people under the age of 18. With this aging population, the Census Bureau projects that the ratio of older adults to working adults will rise. In the health care industry, this results in a shortage of providers and a surplus of patients. This article examines the impact of the aging baby boomer population on health care costs and suggests that, by reducing the licensing barriers for providers practicing telemedicine, cost savings can be realized.
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