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Health and Elderly Care Expenditure in an Aging World

Mayhew, L. (2000). Health and Elderly Care Expenditure in an Aging World (Report No. RR-00-21). International Institute for Applied Systems Analysis (IIASA).

Abstract

The world's population is aging, albeit at different rates in different countries. The International Institute for Applied Systems Analysis (IIASA) is building an economic-demographic model for exploring the consequences of population aging on the global economy. So far it has concentrated on impacts mediated through public and private pension systems. It now wishes to extend the model to cover other sectors whose provision is also highly age sensitive, including health and elderly care services. This report explores the consequences of population aging for these vital services and considers the basic mechanisms fueling their growth. These mechanisms fall into essentially two categories: The first is related to the biomedical processes of aging, which can lead to chronic illness and disability in old age. The second concerns the costs of treatment and long-term care -- which in turn are a function of medical technology and institutional factors -- how services are delivered, and who bears the costs.

Publication Type: Report
Additional Information: © IIASA 2010 IIASA is happy for the materials to be downloaded, printed out, copied and distributed for teaching and research purposes free of charge. No written permission is required for such use. However, if you wish to alter or adapt any of the materials copyrighted to IIASA, you need to receive the written permission of IIASA. IIASA also permits the incorporation of our publications into other works or publications in printed, electronic or any other medium provided it is for research or teaching purposes and is appropriately attributed to IIASA. For this purpose no written permission is required. Reproduction or distribution of materials on this web site for all other purposes is prohibited without the written permission of IIASA
Subjects: H Social Sciences > HA Statistics
H Social Sciences > HJ Public Finance
H Social Sciences > HN Social history and conditions. Social problems. Social reform
Departments: Cass Business School > Actuarial Science & Insurance
URI: http://openaccess.city.ac.uk/id/eprint/16815
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