Definition of Financial Terms

Finance Essay on Finance and Budgeting

Finance and Budgeting

Health is a significant topic since it is a costly area and being unable to address health issues of the population can cause serious concerns. The population of the elderly persons is increasing at a significant rate. There were 39.6 million seniors in 2009 in the US. Seniors are the people aged above 65 years. This figure indicates 13 percent of the population of the US. There are predictions that this population will rise by 135 percent between 200 and 2050. This is a representation of a high population that needs medical care.

Among the health problems that the elderly persons face include Alzheimer’s disease. This condition causes memory loss, diabetes, cancer, osteoporosis, heart failure, vision issues, pneumonia, flu, depression and Parkinson’s disease. About $ 262 billion are spent by the government on chronic illnesses annually. It is important for the government to introduce hospitals that are designed to cater for the health demands of the aged or the old persons. The projected growth as well as the substantial increase in health needs indicates a ready market. As such, Golden Age Hospital’s construction is a viable idea.

This hospital will be situated in Orange County because the elderly persons’ population is high in this locality. Attracting the aged or the old people will be easier because the personnel and equipment designed to cater for their needs will be available. GAH building and the nearing clinic will be sufficient to cater for the community needs. The cost of constructing this hospital, instrumentation, and medical apparatus will be met by the state. The hospice’s staffing will be based on the community needs. This organization will get premiums for the offered services. The program will be responsible for ensuring that the provided services are based on the essence of offering effective and efficient care without services’ overutilization.

 

Posted by:

admin

Related articles

list of articles

Categories

RSS RSS FEEDS

  • Sample Essay on SWOT Analysis of The Home Depot January 20, 2016
    SWOT Analysis of The Home Depot SWOT analysis of The Home Depot is among the best tools used by the home improvement retailer to gauge its ability to stay afloat and profitable in the market. Although it is considered the largest home improvement retail chain in the world with an estimated revenue base on more […]
    admin

ARCHIVES

Latest News From Blog

Check out Our Blog's assignment samples and tips on how to Write Assigments
Essay sample on the Effects of Cold War on Soviet Union..

Effects of Cold War on Soviet Union The Soviet Union was one of the main participants in the Cold War. It was engaged in the war with the USA and - See more

Essay sample on Effects of Cold War on Asia

Effects of Cold War on Asia Tensions of the Cold War began shifting from Europe to Asia in 1949 when Mao Zeodong proclaimed the birth of the ...Read More

Sample Essay on United Kingdom Healthcare System

United Kingdom Healthcare System United Kingdom healthcare system, also known as the National Health Service was established...Read More

Back to Top