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.
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.