Prior to completing this assignment, be sure to read Chapter 8 in your text and the article Medical Spending of the US Elderly by De Nardi, French, Jones, and McCauley (2016) and review the web page Healthcare Timeline and any relevant information from the Instructor Guidance.
The current retirement system does not ensure that all older people will have financial security. Inequality exists in later life due to social-structural conditions. For this assignment, you will describe socioeconomic issues associated with issues of inequality in aging demographics and identify three specific issues of inequality currently affecting aged populations. Be certain to provide references from your resources, including at least one peer reviewed resource beyond those required for this assignment, to defend your statements.
Provide an introduction including an overview of economic inequality in the older adult population. Be certain to include a summary of these issues and suggestions for potential solutions in your conclusion.
Compare and contrast historical and current perspectives on economic issues associated with aging by addressing the following questions and components in the body of your paper:
Examine the retirement income system against peoples’ needs.
Describe the groups that benefit most and least from the present Social Security–based retirement system.
Identify reasons why older women have higher poverty rates than older men.
Explain why some widows have lower income levels compared with others in their demographic.
Discuss why minority elders have lower incomes than nonminorities.
The Economic Inequalities in Older Adults paper
Must be five to six double-spaced pages in length and formatted according to APA Style as outlined in the Writing Center APA Style
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