Posted: July 31, 2015
As medical technology evolves and medical care improves, life expectancy rises. In 2012, the overall life expectancy in the United States was 79.8, up from 77.9 in 2007. Individuals over the age of 65 who spend more on health care services than their younger counterparts will comprise one-fifth of the population by 2050.
Each year one in three individuals over the age of seventy-five will experience a fall. In four out of ten incidents the result will lead to hospitalization, a long period of immobilization and recovery, surgery or in some cases death. As the population ages, this problem becomes more acute. And more expensive.