EY Engaged Aging Summit

On 11 May 2017, executives from the health, life sciences, technology, mobility and insurance industries joined government leaders and academics in Washington, D.C. to discuss an important question: How can we frame healthy aging as a societal asset worthy of investment? Roughly 60 leaders attended the inaugural Engaged Aging Summit, a one-day event convened and shaped by EY and designed to foster collaboration and out-of-the-box thinking via interactive workshops and provocative discussions. The Engaged Aging Summit represents EY’s continued commitment to building a better working world and is an important first step toward seizing opportunities inherent in the global demographic shift.

For information about the Engaged Aging Summit, please contact Kim Medland at engaged.aging@ey.com.

Engaged Aging Summit 2017: The complete experience

We brought together disrupters, thought leaders and C-suite executives to explore how we can change the narrative around aging and seize the upsides of an aging population.

Open the magazine

View: the Summit experience

Disruptors, thought leaders and C-suite executives explore how organizations can prepare for and seize the upside of aging.

Engaged Aging: in motion

Summit participants share their thinking on the disruption of aging, the importance of cross-sector collaboration and the event itself.

Engaged Aging

Aging is a megatrend as big as digital disruption. Already health systems in the US and UK spend more than five times as much on the health care of citizens 65-and-older than they do on the under-25 generation. In the next 30 years, the global population of over 65s is expected to triple to 1.5 billion. EY believes it is possible to realize the upsides of our aging world. In this engaged future, aging is no longer defined by isolation and limitation, but greater connection and possibility. Precision medicine becomes precision health. Today’s elderly become tomorrow’s “well-derly.” It is a powerful vision but getting there won’t be easy. Join EY in engaging and collaborating around this critical topic in new ways. Our goal is to identify solutions with near-term, real-world impact. Together, we can realize the upsides of aging.

“It’s easy to dwell on the risks associated with an aging world. But that is a myopic and ultimately dystopian viewpoint. We prefer to focus on seizing the upside of an aging world and reframing health as a long-term asset worthy of investment and individual empowerment. Aging (for now) may be inevitable. But how we age is not.”

Pamela Spence
EY Global Life Sciences Industry Leader

“Redefining health as a long-term asset is a necessary starting point, but to achieve significant, long-lasting change, there must be substantive investment in healthy aging.  It’s critically important that public and private organizations come together to build a wellness infrastructure that both defines the concept and aligns incentives for various stakeholders.”

Jim Costanzo
EY Global Health Leader

Watch the video

 

Investing for the longevity dividend

Despite a growing array of tools and technologies designed to stretch our life span and enhance how individuals age, the current aging narrative remains unchanged. There is a critical need to confront – and change – this narrative. This insight was one of several to emerge from EY’s Engaged Aging Summit convened to shape the larger global debate about healthy aging and help companies build engaged aging strategies. Read the full article for further insights.

Read full article

How will we disrupt aging before aging disrupts economic growth?

To seize the upside of an aging world, public and private organizations must come together to build a wellness infrastructure that not only defines the concept, but also aligns incentives for different stakeholders. It requires reframing health as a long-term asset worth of investment and individual empowerment via tools and technologies, data, and behavioral economics.

Read full article

How will new technologies make age-related diseases a thing of the past?

New genetic and digital technologies could make aging more sustainable, accelerating the discovery and creation of solutions. The goal is to use transformative technologies to delay the breakdown of function and extend the health span – the ability to age disease-free.

Read full article

By becoming better health consumers, can we change how we age?

Prevention and early access to care are key to controlling costs associated with the diseases of aging. Both require the active participation of individual health consumers and a shift in mindset that emphasizes lifelong wellness, not simply freedom from disease.

Read full article

How can new partnerships close the gap between healthy aging and “growing old”?

Imagine if the global community focused its efforts on preserving the physical, social and material dimensions that define healthy aging. Aging would still be inevitable. But by shortening or eliminating the decline that occurs near the end of life, we could maximize the time individuals are physically and mentally vigorous, connected and empowered.

Read full article

Best agers: not just opportunity; a lot of work, too

The scenario is the same in most developed countries around the world: life expectancy is rapidly increasing, while birthrates are falling. Causes include growing prosperity, and medicine and pharmaceuticals that are becoming increasingly effective. As a result, the share of older people in the population is rising.

The health care and social systems of developed countries are thus facing major challenges: An aging society is not necessarily a healthier society.

Read full article

To view more EY insights, visit our mobile sites for health and life sciences executives:

Vital Signs

Visit Vital Signs for all our latest life sciences reports, articles, guest perspectives, blog posts, infographics and more.

Health Reimagined

Visit Health Reimagined for access to EY’s thinking on critical issues shaping the future of health, through videos, reports, conference insight blogs and more.