Projecting OECD Health and Long-Term Care Expenditures: What Are the Main Drivers?
This paper proposes a comprehensive framework for projecting public heath and long-term care expenditures. Notably, it considers the impact of demographic and non-demographic effects for both health and long-term care. Compared with other studies, the paper extends the demographic drivers by incorpo...
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| Format: | Elektronisch E-Book |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2006
|
| Schriftenreihe: | OECD Economics Department Working Papers
|
| Schlagworte: | |
| Online-Zugang: | kostenfrei |
| Zusammenfassung: | This paper proposes a comprehensive framework for projecting public heath and long-term care expenditures. Notably, it considers the impact of demographic and non-demographic effects for both health and long-term care. Compared with other studies, the paper extends the demographic drivers by incorporating death-related costs and the health status of the population. Concerning non-demographic drivers of health care, the projection method accounts for income elasticity and a residual effect of technology and relative prices. For long-term care, the effects of increased labour participation, reducing informal care, and wage inflation are taken into account. Using this integrated approach, public health and long-term care expenditure are projected for all OECD countries for the years 2025 and 2050. Alternative scenarios are simulated, in particular a 'cost-pressure' and 'cost-containment' scenario, together with sensitivity analysis. Depending on the scenarios, the total health and long-term care spending is projected to increase on average across OECD countries in the range of 3.5 to 6 percentage points of GDP for the period 2005-2050 |
| Beschreibung: | 1 Online-Ressource (81 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/736341548748 |
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| index_date | 2024-07-03T19:34:56Z |
| indexdate | 2024-12-18T19:02:44Z |
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| language | English |
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| spelling | Projecting OECD Health and Long-Term Care Expenditures What Are the Main Drivers? Organisation for Economic Co-operation and Development Paris OECD Publishing 2006 1 Online-Ressource (81 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers This paper proposes a comprehensive framework for projecting public heath and long-term care expenditures. Notably, it considers the impact of demographic and non-demographic effects for both health and long-term care. Compared with other studies, the paper extends the demographic drivers by incorporating death-related costs and the health status of the population. Concerning non-demographic drivers of health care, the projection method accounts for income elasticity and a residual effect of technology and relative prices. For long-term care, the effects of increased labour participation, reducing informal care, and wage inflation are taken into account. Using this integrated approach, public health and long-term care expenditure are projected for all OECD countries for the years 2025 and 2050. Alternative scenarios are simulated, in particular a 'cost-pressure' and 'cost-containment' scenario, together with sensitivity analysis. Depending on the scenarios, the total health and long-term care spending is projected to increase on average across OECD countries in the range of 3.5 to 6 percentage points of GDP for the period 2005-2050 Economics https://doi.org/10.1787/736341548748 Verlag kostenfrei Volltext |
| spellingShingle | Projecting OECD Health and Long-Term Care Expenditures What Are the Main Drivers? Economics |
| title | Projecting OECD Health and Long-Term Care Expenditures What Are the Main Drivers? |
| title_auth | Projecting OECD Health and Long-Term Care Expenditures What Are the Main Drivers? |
| title_exact_search | Projecting OECD Health and Long-Term Care Expenditures What Are the Main Drivers? |
| title_exact_search_txtP | Projecting OECD Health and Long-Term Care Expenditures What Are the Main Drivers? |
| title_full | Projecting OECD Health and Long-Term Care Expenditures What Are the Main Drivers? Organisation for Economic Co-operation and Development |
| title_fullStr | Projecting OECD Health and Long-Term Care Expenditures What Are the Main Drivers? Organisation for Economic Co-operation and Development |
| title_full_unstemmed | Projecting OECD Health and Long-Term Care Expenditures What Are the Main Drivers? Organisation for Economic Co-operation and Development |
| title_short | Projecting OECD Health and Long-Term Care Expenditures |
| title_sort | projecting oecd health and long term care expenditures what are the main drivers |
| title_sub | What Are the Main Drivers? |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/736341548748 |