The problem of financial support for the elderly and people with disabilities has been brewing in the U.S. for a while. Although federal financing has been consistently available to the target demographic, it is only with the help and support of multiple charities and the related organizations serving to assist people with disabilities and aging people that the specified demographics have been receiving a chance to have a proper quality of life, enjoying essential services and having crucial resources available (). While the standards for financial support offered to the target categories vary depending on the state, the general requirement for minimum financial assistance does not allow the target population to have their basic needs satisfied (). Therefore, a change in the current funding system must be made to create a financial safety net for people with disabilities and the aging population.
Baumberg Geiger, B. (2017). Benefits conditionality for disabled people: Stylized facts from a review of international evidence and practice. Journal of Poverty and Social Justice, 25(2), 107-128.
Aiming at studying the challenges that people with disabilities face when applying for financial aid, the paper by Baumberg et al. (2017) provides a rather accurate description of the current situation with the lack of consistency in financial support for vulnerable groups. Namely, the study mentions the problem of ethics as the component that is desperately lacking in a range of policies associated with financial support for the disabled. The vast scope constitutes the key strength of the research, whereas the low diversity within the sample represents its main weakness. The outcomes of the analysis conducted by Baumber et al. (2017, p. 107) can be applied to the context of the current U.S. economic setting since the authors themselves claim to have studied the limitations faced by people “not just in Anglo-Saxon countries, but also in Scandinavia and beyond.” Therefore, the results of the research can be used as the foundation for developing a new strategy.
Masud, J., & Hamid, T. A. (2017). Economic hardship among elderly and its consequences toward cognitive status. Archives of Business Research, 5(8).
The multiple shortcomings of the current framework for supplying financial support to individuals with disabilities and aging people have been pointed out multiple times, particularly, the inconsistency between the insufficient amount of financial resources provided and the increasing rate of daily expenses. In their study, Masud and Hamid (2017) aim at studying the financial challenges that aging people face in the U.S. and determine the effects of the identified challenges on the target demographics’ mental health. According to the results of the study, there is direct causation between the mental health rates and the availability of financial security. Since the research benefits significantly from its generalizability, its results can also be applied to the U.S. setting to generate a viable framework for managing financial concerns in the target population.
Muis, I., Agustang, A., & Adam, A. (2020). Elderly poverty: Social demographic, work distribution, problem health & social protection. Asian Journal of Social Sciences & Humanities, 9(1).
The paper by Musi et al. (2020) examines the effects of poverty in the elderly population, detailing the changes in the quality of their lives and the drop in accessibility of health services. According to the research, financial support is vital for the aging population in order to maintain their well-being and ensure that their dignity and basic needs are addressed. Although the research could have benefitted from a larger sample, the study provides a rather accurate portrayal of health-related challenges faced by the aging population. Therefore, it can be used for this research as a piece of important evidence.
Evidence Against Change
Aly, S., Stolarski, A., Whang, E., & Kristo, G. (2019). The current status of retirement mentoring in academic surgery in the United States. Journal of Surgical Research, 2(3), 70-76.
The paper by Aly et al. (2019) deserves to be considered as a counterargument to the proposed thesis. Namely, the article shows that the increase in financial provisions for the target population is inferior as a health management issue compared to the increase in access to healthcare services and the related options. The study in question will also be incorporated into the analysis to produce the best possible solution to the observed crisis in managing the needs of the disabled and the elderly.
Boerner, K., Kim, K., Kim, Y. K., & Jopp, D. S. (2021). Support exchanges among very old parents and their children: Findings from the Boston Aging Together Study. The Gerontologist.
Although a range of disabled and aging individuals require financial support, there is also quite a number of those that are in favor of their financial autonomy and independence, as the study by Boerner et al. (2021) explains. The research questions the legitimacy of raising the current financial support standards on a statewide level since the conditions of each patient is unique. Moreover, the research points out the opportunities for extending family support as the means of offering assistance to the aging demographic. The focus on the analysis of the existing methods for supporting vulnerable groups makes the research particularly strong, whereas the lack of cases that show the effects of the specified approach represents a major weakness. Nevertheless, the study will be used to consider the arguments against the proposed solution for supporting the target populations.
Gibson-Davis, C., & Hill, H. D. (2021). Childhood Wealth Inequality in the United States: Implications for Social Stratification and Well-Being. RSF: The Russell Sage Foundation Journal of the Social Sciences, 7(3), 1-26.
Another study examining the available financial options for aging people and people with disabilities, the research under analysis shows that the increase in the financial support is unlikely to amend the situation due to the lack of funds. The use of the latest studies and reports to support the argument is the key advantage of the article, whereas the absence of cases to consider is its main disadvantage. Overall, the article will be utilized to evaluate the current standards for financial support for the target population carefully.
Reference List
Aly, S., Stolarski, A., Whang, E., & Kristo, G. (2019). The current status of retirement mentoring in academic surgery in the United States. Journal of Surgical Research, 2(3), 70-76.
Baumberg Geiger, B. (2017). Benefits conditionality for disabled people: Stylized facts from a review of international evidence and practice. Journal of Poverty and Social Justice, 25(2), 107-128.
Boerner, K., Kim, K., Kim, Y. K., & Jopp, D. S. (2021). Support exchanges among very old parents and their children: Findings from the Boston Aging Together Study. The Gerontologist.
Gibson-Davis, C., & Hill, H. D. (2021). Childhood Wealth Inequality in the United States: Implications for Social Stratification and Well-Being. RSF: The Russell Sage Foundation Journal of the Social Sciences, 7(3), 1-26.
Masud, J., & Hamid, T. A. (2017). Economic hardship among elderly and its consequences toward cognitive status. Archives of Business Research, 5(8).
Muis, I., Agustang, A., & Adam, A. (2020). Elderly poverty: Social demographic, work distribution, problem health & social protection. Asian Journal of Social Sciences & Humanities, 9(1).