Le Lézard
Classified in: Health
Subjects: SVY, SCZ

SCAN Survey Reveals Majority of Seniors Are Not Adequately Prepared to Age in Place

LONG BEACH, Calif., Sept. 4, 2019 /PRNewswire/ -- SCAN Health Plan®, one of the nation's largest not-for-profit Medicare Advantage health plans, today announced results from its national survey on aging in place. Responses from 1,000 U.S. adults ages 65 and older indicate that 62% believe most seniors they know are unlikely to be able to safely age in place. Having adequate financial resources, coupled with friends or family nearby, top the list of factors seniors consider when evaluating where they will grow old.

SCAN Health Plan Logo (PRNewsfoto/SCAN Health Plan)

"Roughly 10,000 baby boomers turn 65 each day, and we understand their priority is to remain in their own homes as they age," stated Romilla Batra, chief medical officer of SCAN. "However, these survey findings reaffirm that financial, logistical, physical and behavioral barriers are likely to prevent many from doing so. As the healthcare industry rightly turns its focus to these social determinants of health, we remain committed to addressing these issues, as we have for more than 40 years."

SCAN's 2019 survey of nationally representative seniors was designed to gauge sentiments on preparedness to age in place, and to assess their perception of potential impacts on their own mental health and physical well-being. Results reveal 88% of respondents are concerned about their ability to age in place, with a variety of factors contributing to their concerns:

While finances consistently top Americans' lists of concerns, seniors?who often live on fixed incomes?are particularly vulnerable. Among senior men, 51% believe financial resources are most important to the ability to age in place, compared to 36% of women. Even knowing that finances can make all the difference during retirement, a majority remain unprepared. Nearly 73% of city-dwelling older adults have less than $10,000 in savings compared to 63% of those in rural areas and 52% of those in suburban areas. Perhaps most concerning, 28% of seniors have nothing at all in savings, including investments or retirement plans.

Seeing their peers unable to live life on their own terms, seniors are rethinking their own readiness to age in place. In assessing people they know, 67% of seniors cite changes to physical health?such as injury or loss of mobility?as the bigger challenge for aging in place, while 34% say changes to brain health, such as memory loss or Alzheimer's, are the main challenge. Furthermore, 61% have friends who have had a severe decrease in physical abilities; 45% have friends who have lost the ability to drive; and 45% know people who have sustained an injury from an accident, such as a fall.

"As seniors see their friends and peers falter, they begin to doubt their own prospects of successfully aging in place," added Batra. "It's imperative that seniors are given the resources and support necessary to maintain their sense of independence and truly flourish as they age. These findings give additional insight into what people face as they make decisions impacting their ability to age on their own terms, which most often means in their own home."

About SCAN?
SCAN Health Plan is one of the nation's largest not-for-profit Medicare Advantage plans, serving more than 200,000 members in California. Since its founding in 1977, SCAN has been a mission-driven organization dedicated to keeping seniors healthy and independent. Independence at Home, a SCAN community service, provides vitally needed services and?support to seniors and their caregivers. SCAN also offers education programs, community funding, volunteer opportunities and other community services throughout our California service area. To learn more, visit scanhealthplan.com or?facebook.com/scanhealthplan?or follow us on twitter?@scanhealthplan.? ? 



These press releases may also interest you

at 01:00
Online therapy platform, Talkcircle has today announced free online support for COVID-affected MENA residents, for one week along with additional ongoing discounts for Lebanon residents, affected by the recent explosion. Talkcircle provides coping...

26 sep 2020
Farm Aid marked its 35th anniversary today with Farm Aid 2020 On the Road, a three-and-a-half-hour, virtual at-home festival featuring 22 artists who helped showcase the critical need for family farmers, the food they produce and their care for soil...

26 sep 2020
The Correctional Service of Canada (CSC) is taking additional measures to limit the potential spread of COVID-19 in its Quebec institutions and community correctional centres (CCCs). CSC is suspending visits at all of its sites in the province, as...

26 sep 2020
CPAP Store USA, a leading provider of world's finest CPAP machines, supplies and respiratory products for more than 18 + years, announced today the launch of its own CPAP Store USA brand. The multi-location retail store and the leading online CPAP...

26 sep 2020
In lieu of an in-person update to the media, Dr. Theresa Tam, Canada's Chief Public Health Officer, issued the following statement today: "There have been 150,456 cases of COVID-19 in Canada, including 9,255 deaths. The percentage of recovered cases...

26 sep 2020
The most recent data on the evolution of COVID-19 in Québec show 698 new cases, bringing the total number of people infected to 71,005. No new death has occurred in the last 24 hours, but 7 deaths which have occurred between September 19 and...

News published on 4 september 2019 at 08:01 and distributed by: