Economic Challenges and Associated Health Challenges Among the Aging Population

By: Paulchris Okpala  

The world’s aging population (65 years or older) is projected to reach 16% of the global population by 2050, which raises concerns over the possible increase in the prevalence of non-communicable diseases. This study seeks to understand the economic impact of the prevalence of the non-communicable diseases among the aging. This analysis facilitates stakeholders' ability to plan ahead to ensure sustained economic stability. Through a quantitative analysis of the secondary data (n =12) that were electronic databases, it was noted that the increased burden of non-communicable diseases among the aging negatively impact on economic growth. The economic costs include a significant increase in government and household expenditures towards the management of the non-communicable diseases. It was also observed that the increased prevalence of non-communicable diseases leads to diminished labor force participation resulting in significant reduction in the personal savings and strain on pensions. The step by the governments to finance the cost of care among the old was noted to lead to increased health care spending, which results in a significant burden to the economy. It is recommended that governments should strategize on how to enhance behavioral change towards increased savings, and labor force participation. There is also a need to adopt health system reforms that address the health of the aging population with the aim of reducing their cost of care and the risk of disease. 

Aging, Population, Communicable diseases, Cost, Economic
Economic and Demographic Perspectives on Aging
Poster Session

Dr. Paulchris Okpala

California State University, San Bernardino

Dr. Okpala is the Director of the Master of Science in Health Service Administration program and Associate Professor in the Department of Health Science and Human Ecology at California State University, San Bernardino (CSUSB). He obtained his Doctor of Health Sciences degree from A.T.Still University of Health Sciences, Mesa, Arizona, Master of Health care Administration with concentration in Leadership from Bellevue University, Nebraska, Master of Public Administration from Bellevue University, Nebraska, Bachelor of Science in Health care Management from Bellevue University, Nebraska; Associate of Science degree in Health care Management from Ashworth University, Norcross, Georgia; and Associate of Science degree in Respiratory Therapy from Concorde Career College, Garden Grove, California. Prior to coming to California State University as Full-time Professor, Dr. Okpala was an adjunct Professor at various universities in the U.S., where he taught in the undergraduate and graduate healthcare administration programs. Dr. Okpala has worked in both acute care and skilled nursing facilities as a licensed Respiratory Care Practitioner. Dr. Okpala’s research interests have been shaped by the fact that health care managers are the main drivers of effective functioning of the healthcare sector. As such, his research studies primarily focused on harnessing the importance of theory, evidence-based research and advance technology in improving the quality of healthcare services and prevention of degenerative diseases among the vulnerable individuals in the society. Currently, he has 26 peer reviewed journal publications and advising on thesis preparation on a number of topics. Also, he has presented his scholarly work, publications, at various professional conferences, both local and international.