Technology Saves Elders Money

I have addressed how technological advancements have had a positive affect on elders health. But, these new technologies do more than prolong the life of elders, they also save them and there families a substantial amount of money. The average cost of a nursing home is about $50,000 per year. Aiding technologies can be pricy, but they are cheap compared to the annual cost of nursing home. Whether it is a heart rate monitor placed in an elders bed in order to measure their respiration or a vibration detector that will notify help if a senior had fallen; the costs of these technologies will vary from a few hundred dollars to $8,000. So, benefits go beyond granted independence, there are huge financial savings that come with this ability to live on their own. It seems as if these technologies prevent senior citizens from being forced into paying an average of $50,000 a year, which probably affect their families even more who need to aid them in providing the money. However, I see an easy cause for an argument. Some might think it is worth it to pay $50,000 to guarantee that your elder is being taken care of by professionals and that they will receive immediate assistance whenever in trouble. Its a conflict between saving money while allowing independence and a guarantee of quick assistance given by professionals. It ultimately comes down to what the family thinks is best for their loved-one, so valid reasoning can be provided to argue for both standpoints.