Obesity A Culprit In Boomers Higher Disability Rates
A RAND Corp. researcher has bad news for producers and insurers that were hoping to make a killing on selling disability insurance to baby boomers.
Boomers may live longer than members of earlier generations did at comparable ages, but a team led by Darius Lakdawalla, a RAND economist, says working-age adults actually suffered a higher rate of disability in 1996 than they did in 1984.
The increase was most dramatic for the age groups dominated by the boomers.
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In 1996, most boomers fit in the studys 30-39 and 40-49 age categories.
The incidence of disability was 50% higher for adults in the 30-49 age range in 1996 than it was in 1984, according to Lakdawallas 3-person team.
About 1 in 50 adults in the 30-49 age range was disabled in 1996, the team reports.
RAND, a Santa Monica, Calif., think tank, may be best known for the defense-related work it did during the Cold War, but these days it analyzes issues that have to do with butter as well as with guns.