Tag Archives: AARP

Boomers & Technology: “2020 Tech And The 50+ Survey” (AARP – Dec 2019)

Tech ownership among older adults is growing with no signs of slowing down.

2020 Tech and The 50+ Survey AARP Wearable• For many devices, adoption among adults ages 50 and older is comparable to younger generations. Adults ages 50
and older are adopting smartphones, wearables, home assistants/smart speakers, and smart home technology at
nearly the same rate as adults ages 18–49.
• Younger adults have abandoned tablets, but older adults are adopting tablets at an increasing rate: More than half
(52%) of adults ages 50 and older own a tablet.
• Once adopted, usage of smartphones, wearables, tablets, home assistants/smart speakers, and smart home
technology is high with most owners using their technology daily.
While older adults are highly engaged with their devices, many are not using the technology to its full potential.
• Adults ages 50 and older are using smartphones and tablets to maintain social connections, find information, and for
entertainment, but only a few are using their device to automate their home or conduct transactions.
• Engaging in social media is one of the most common uses of a tech device (e.g., computer, tablet, or smartphone).
• Though 49% claim to own a smart TV, only 42% are using streaming or online options to watch shows.
• Nearly half (46%) of all smart home assistant/smart speaker owners do not use their device daily.

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Baby Boomer Economics: American 50+ Population Would Be World’s Third Largest Economy (AARP)

From an AARP.org online article:

AARP Real Possibilities logo“As the number of people over 50 grows, that age cohort is transforming markets and sparking new ideas, products and services across our economy,” AARP CEO Jo Ann Jenkins says. “And as people extend their work lives, they are fueling economic growth past the traditional retirement age.

AARP People 50+ are a growing economic engine that benefits society now and in the future December 20 2019

Americans age 50 and up contribute so much to the U.S. economy that they’d constitute the world’s third-largest economy if they were counted as their own country, a major new AARP study finds.

The economic contributions of 50-plus Americans totaled $8.3 trillion last year, which puts them just behind the U.S. and China when measured by gross domestic product.

And that economic impact will grow significantly in decades to come, tripling to more than $28 trillion by 2050 as millennials and Generation Z begin to turn 50 in 2031 and 2047, respectively, the report finds.

To read more: https://www.aarp.org/politics-society/advocacy/info-2019/older-americans-economic-impact-growth.html?cmp=EMC-DSO-NLC-RSS—CTRL-122019-P1-4245164&ET_CID=4245164&ET_RID=46870725&encparam=tVgeMOhoNxx%2bfrc9AGTzSoruA9hrsex1YvrQ7Ez59ks%3d

Health: UnitedHealthcare To Open Medicare Centers In Walgreens In 2020

From a Becker’s Hospital Review online release:

UnitedHealthcare Medicare WalgreensThe purpose of the centers is to increase customers’ understanding of Medicare, match them with people who can talk with them about their benefits or new plans to enroll in, and access in-store annual wellness visits.

In addition, Walgreens and UnitedHealthcare are partnering for a new AARP Medicare Advantage Walgreens health plan. The health plan aims to deliver lower prescription drug costs to members, as many of the plans have $0 premiums and $0 copays on primary care visits, preventive care and some generic drugs. The 46 plans will be sold across 24 states.

 

Under a multiyear agreement, UnitedHealthcare will open 14 Medicare service centers in Walgreens stores across the U.S., the organizations said Nov. 25.

UnitedHealthcare, the health insurance arm of UnitedHealth Group, will operate Medicare service centers in Walgreens stores across five cities: Las Vegas, Phoenix, Cleveland, Denver and Memphis, Tenn. The centers are slated to open in January 2020.

To read more: https://www.beckershospitalreview.com/payer-issues/unitedhealth-to-open-medicare-centers-in-walgreens-stores.html?oly_enc_id=9129H5611090H0N