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Demographics play a significant role in physician shortage in the United States. (2-3 pages)
A. The population is increasing and aging rapidly.
1. Current projections indicate that between 2015 and 2030, the US population will increase by 12% to 359 million, with the population aged 65 years or older projected to increase by 55%.
2. One-third of current active physicians will be 65 or older and consider retirement, which will impact the physician supply.
B. Beyond demographics, there is uncertainty about the future policy regarding health insurance and care financing.
1. Some contend that appealing to the Affordable Care Act (ACA) will fix the physician shortage.
2. Projections indicate that if the ACA is replaced with policies and programs that reduce the current coverage, future physician demands will decrease from only 6000 to 10,000 physicians.