Elder Law Facts & Figures

/Elder Law Facts & Figures
Elder Law Facts & Figures 2017-07-20T21:20:30+00:00

More than one out of every eight baby boomers are simultaneously raising a child and providing some for of financial assistance to their parents, and nearly 10 million boomers over 50 are caring for an aging parent.

483 million / Current senior population of people age 65 and older in the world.

As of April 1, 2009, it was estimated there were
1.9 million Floridians in their 60s,
1.4 million Floridians in their 70s, and
1.0 million Floridians 80 or older.

Top 10 Florida Counties for Elders Age 60+

1 Miami-Dade / 2 Palm Beach / 3 Broward / 4 Pinellas / 5 Hillsborough / 6 Lee / 7 Brevard / 8 Sarasota / 9 Orange / 10 Volusia

The average annual rate of a private room in nursing homes in Florida now costs $82,125 while a semi-private room is about $74,825.

The most expensive ones can be found in metro areas of Naples and West Palm Beach wherein average daily rates are $313 and $247, respectively.

Assisted living facilities are also most expensive in Naples, costing residents about $4,600 a month.

Federal law affords residents of nursing homes certain rights:

1. The right to participate in your care planning along with the right to refuse particular treatments.

2. The right to privacy and to be treated with dignity and respect.

3. The right to have your own physician and/or pharmacy.

4. The right to be free from restraints.

5. The right to be informed of nursing home policies and procedures.

6. The right to know about all medical care and conditions.

7. The right to know of the services the facility provides and the exact charges for such services.

8. The right to privacy when it comes to your medical records.

9. The right to use your own clothing and possessions.

10. The right to manage personal finances.

11. The right to be free from abuse in any form including: physical, sexual, neglect or isolation.

12. The right to stay at a nursing home as long as the facility is capable of attending to medical needs, payment is timely made and the facility continues to operate.

13. The right to speak freely about poor care.

14. The right to have visitors.

4.9 million / The number of seniors in the U.S. who were 85 and older on July 1, 2004.

72 / The number of men age 65 and older for every 100 women in the same age group.
In the 85 and over group, there are 45 men per 100 women.

39 percent / Percentage of total annual personal income of seniors 65+ that comes from Social Security payments.

Medicare does not cover long term nursing home care.

Between 2009 and 2030, Florida’s population is forecast to grow by almost 5.1 million.

Florida’s older population (age 60 and older) will account for most of Florida’s population growth, representing 64.4 percent of the gains.

Population aged 65 and over is forecast to represent 26.0 percent in 2030, compared to 17.6 percent in 2000 and 17.5 percent in 2009.

73 percent / Percentage of seniors age 65+ in 2004 who had at least a high school diploma.

19 percent / Percentage of seniors age 65 and older in 2004 who had earned a bachelor’s degree or higher level of education.

47,000 / The number of seniors 65 and older who were enrolled in college in October 2004.

880,000 / The number of people added each month to the world’s population of people 65 and over.

More than one-third of the world’s oldest people (80 and above) lived in three countries:
China (14.8 million), the United States (10.7 million) and India (7.5 million).

40 percent / Percentage of seniors 65 and older who have a computer at home.

25 percent / Percentage of seniors 65 and older who use the Internet.

56 percent / Percentage of seniors age 65 and older who were married in 2004.

31 percent / Percentage of seniors 65 and older who were widowed in 2004.

According to the most recent information available from the U.S. Census Bureau, 21.6% of Palm Beach County’s 1,320,134 residents are seniors age 65 and over.

About 3-in-10 / The number of mass market, or “pocket sized” books purchased in 2004 by seniors age 65+, compared to the entire adult population.

According to House Redistricting Committee, Congressional Redistricting Subcommittee, House Redistricting Subcommittee, and Senate Redistricting Subcommittee April 2011 report on Florida Demographics, presented by the The Florida Legislature Office of Economic and Demographic Research, Florida is still on track to break the 20 million mark by the end of 2015, becoming the third most populous state sometime before then – surpassing New York.

Florida’s 4.2 million seniors represent the state’s largest voting block.
30.7% of Florida’s registered voters are age 60 or above.

Confronting the Ruinous Cost of Nursing Home Care?
Terner Elder Law, P.L. Can Help.

Do you need help paying for care so that you can afford to stay at home? Are you trying to figure out how to foot a $11,000 monthly nursing home bill? If you’ve heard that Medicaid can help, that’s true. If you’ve heard that it will take five years to qualify, that’s not. Learn how to improve your quality of life by securing the best possible long term care if and when it is needed, affordably.

Schedule a Consultation