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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Healthseniors

Why more Americans are getting knee replacements nowadays

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Knee Prosthesis, X-Ray
Knee Prosthesis X Ray. (Photo By BSIP/UIG Via Getty Images)Photograph by BSIP UIG via Getty Images
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The market for knee replacements in the U.S. is already estimated to be worth $4 billion—and it’s increasing with the age and size of Americans.

According to recently released data from the Center for Disease Control, Bloomberg reports, the rate at which Americans over the age of 45 undergo knee replacements nearly doubled between 2000 to 2010. What’s more, the average age at which Americans got their knees replaced fell significantly, from 69 in 2000 to 66 in 2010. In total, there were over five million knee replacement surgeries performed during the decade.

As of 2008, the procedure, which costs somewhere around $16,600 per knee and entails replacing faulty bone and cartilage with an plastic or metal artificial joint, is the most frequent inpatient hospital procedure for Americans over 45.

So what gives? (Other than knees, of course.) According to Bloomberg, the growth in knee replacements can be explained by a longer life expectancy of Americans, which rose by a year-and-a-half for 65 year old Americans in the first decade of the new millennium, and the increased prevalence of obesity. Extra weight on the knees, after all, worsens osteoarthritis—the very condition a knee replacement is meant to alleviate.

David Teuscher, who heads the American Academy of Orthopaedic Surgeons, told Bloomberg that his knee replacement patients are often advised to lose weight. Often, though, they need a new knee or two before they can realistically get serious on the treadmill.

[Bloomberg]

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