According to the U.S. Census Bureau, 45 million Americans did not have health insurance at any given time in the last year. More disturbingly, the San Francisco Chronicle reports that 20.6 million of these individuals were reported as working full-time.
Starting in 2012, nearly 10,000 Americans will turn 65 every day. Twenty percent of the population, 71 million people, will be 65 or older in 2030. The total number of Americans over age 65 and eligible for Medicare will double to over 70 million within this generation, while the population over age 85 will increase nearly five-fold, to almost 19 million, by mid-century.
These two trends, uninsured Americans and providing healthcare for an aging population, will forever affect the way employers can and will conduct business. It’s a problem that will only get worse before it gets worse.
For more trends that will affect the way employers do business, visit Perfect Labor Storm.