Language:
English
Pages:
1 Online-Ressource (36 p.)
,
21 x 28cm.
Titel der Quelle:
OECD Journal: Economic Studies
Angaben zur Quelle:
Vol. 2014, no. 1, p. 61-96
Angaben zur Quelle:
volume:2014
Angaben zur Quelle:
year:2014
Angaben zur Quelle:
number:1
Angaben zur Quelle:
pages:61-96
Keywords:
Economics
Abstract:
This paper proposes a new set of public health and long-term care expenditure projections until 2060, following up on the previous set of projections published in 2006. It disentangles health from long-term care expenditure as well as the demographic from the non-demographic drivers, and refines the previous methodology, in particular by better identifying the underlying determinants of health and long-term care spending and by extending the country coverage to include BRIICS countries. A cost-containment and a cost-pressure scenario are provided together with sensitivity analysis. On average across OECD countries, total health and long-term care expenditure is projected to increase by 3.3 and 7.7 percentage points of GDP between 2010 and 2060 in the cost-containment and the cost-pressure scenarios, respectively. For the BRIICS over the same period, it is projected to increase by 2.8 and 7.3 percentage points of GDP in the costcontainment and the cost-pressure scenarios, respectively.
DOI:
10.1787/eco_studies-2014-5jz0v44s66nw
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