Download or read book On Financing Retirement Health and Long term Care in Japan written by Ellen R. McGrattan and published by International Monetary Fund. This book was released on 2018-11-28 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan faces the problem of how to finance retirement, health, and long-term care expenditures as the population ages. This paper analyzes the impact of policy options intended to address this problem by employing a dynamic general equilibrium overlapping generations model, specifically parameterized to match both the macroeconomic and microeconomic level data of Japan. We find that financing the costs of aging through gradual increases in the consumption tax rate delivers a better macroeconomic performance and higher welfare for most individuals than other financing options, including those of raising social security contributions, debt financing, and a uniform increase in health and long-term care copayments.
Download or read book Trends and Factors in Japan s Long Term Care Insurance System written by Pedro Olivares-Tirado and published by Springer Science & Business Media. This book was released on 2013-11-19 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ageing population poses a set of complex policy and dilemmas for social security systems, intensifying the concerns about rising expenditures in health care and long-term care for elderly. In this context, ageing societies has many valuable lessons to learn by studying Japan's experience dealing with its hyper-aged society and particularly from its strategies to ensure the financial sustainability of the Long-Term Care Insurance (LTCI) system. Based on an exhaustive literature review, and the results from six original researches on long-term care expenditures in Japan (LTCE) conducted during a doctoral program, the book provides a comprehensive view in analyzing trends and factors associated with increasing expenditures in the Long-Term Care Insurance system in Japan. The book address relevant topics such as; the main socio-demographic changes experienced by the Japanese society during the last three decades, predictors of the LTCE, measuring efficiency in nursing homes, the impact of the LTCI 2005-reform to contain expenditures, cost-effectiveness of the in-home and community based services and institutional LTCE in the last year of life. The book end with a discussion on futures challenges and strategies oriented to contribute with the sustainability of LTCI system in Japan.
Download or read book Financing long term care for older people intergenerational transfers and financial stability in Japan written by Yuichi Imanaka and published by World Health Organization. This book was released on 2023-10-23 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report aims to inform an approved Technical Product on Long-term care financing: lessons for low- and middle-income countries, which aims to share experiences globally to inform programs and policies in low- and middle-income countries. The report also aims to fulfil WKC’s objective for local engagement, by engaging researchers in the Kansai region to learn from and inform a global technical product. The report aims to describe the current system of financing long-term care (LTC) for older people focusing on long-term care insurance (LTCI) at the national and local levels. The report describes how a financially stable system is achieved and reviews the historical policy changes and evolution of the related data collection systems in the pursuit of LTC.
Download or read book On Financing Retirement Health and Long term Care in Japan written by Ellen R. McGrattan and published by International Monetary Fund. This book was released on 2018-11-28 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan faces the problem of how to finance retirement, health, and long-term care expenditures as the population ages. This paper analyzes the impact of policy options intended to address this problem by employing a dynamic general equilibrium overlapping generations model, specifically parameterized to match both the macroeconomic and microeconomic level data of Japan. We find that financing the costs of aging through gradual increases in the consumption tax rate delivers a better macroeconomic performance and higher welfare for most individuals than other financing options, including those of raising social security contributions, debt financing, and a uniform increase in health and long-term care copayments.
Download or read book Aging in the United States and Japan written by Yukio Noguchi and published by University of Chicago Press. This book was released on 2008-04-15 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japanese and American economists assess the present economic status of the elderly in the United States and Japan, and consider the impact of an aging population on the economies of the two countries. With essays on labor force participation and retirement, housing equity and the economic status of the elderly, budget implications of an aging population, and financing social security and health care in the 1990s, this volume covers a broad spectrum of issues related to the economics of aging. Among the book's findings are that workers are retiring at an increasingly earlier age in both countries and that, as the populations age, baby boomers in the United States will face diminishing financial resources as the ratio of retirees to workers sharply increases. The result of a joint venture between the National Bureau of Economic Research and the Japan Center for Economic Research, this book complements Housing Markets in the United States and Japan (1994) by integrating research on housing markets with economic issues of the aged in the United States and Japan.
Download or read book Exploring the Effect of Retirement on Health in Japan written by Masaaki Mizuochi and published by Springer Nature. This book was released on 2021-07-12 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the relationship between retirement and health of older people in Japan’s super-aging society and provides a key to understanding the remarkable longevity of the population. It also furnishes new evidence in this research field where the findings have been conflicting and the detailed causal mechanism has not been clarified for many years. For that purpose, a large-scale survey was used, “The Longitudinal Survey of Middle-Aged and Elderly Persons,” which was conducted in Japan from 2005 to 2015 with 34,240 respondents aged 50–59 years in the first sample. Using this longitudinal survey, which focused on people just before retirement, and rigorous causal inference including instrumental variable and panel estimation, several research questions were tested. Specifically, existing literature does not provide sufficient findings about the heterogeneity in the effect of retirement on health. Thus, we have questions which should be addressed: does retirement affect health immediately or with delay; does the lifestyle before retirement matter for post-retirement health; and which is better for health retiring early or late? The lack of this viewpoint is believed to have led to the conflicting previous findings. If we know the answers to the questions, we would be able to understand the mechanisms between retirement and health, and prepare more properly for better retirement life. Showing the results of the testing of these questions, this book provides readers, researchers, and policymakers a comprehensive understanding of the retirement–health relationship and a suggestion for an effective labor and health policy in an aging society.
Download or read book Public Policy and the Old Age Revolution in Japan written by Scott Bass and published by Routledge. This book was released on 2014-06-03 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirty years ago, when compared to the U.S., England, France, and Sweden, Japan had the lowest life expectancy for males and females. Today, Japan has the highest life expectancy and is the world’s most rapidly aging society. Public Policy and the Old Age Revolution in Japan captures the vitality of Japanese policymakers and the challenges they face in shaping a modern society responding to its changing needs. The rapid transition to an aging society poses a set of complex policy and resource dilemmas; the responses taken in Japan are of great value to policymakers, professionals, and students in the fields of gerontology, Asian and Japanese studies, sociology, public policy, administration and management, and anthropology in other industrial aging societies. Readers of Public Policy and the Old Age Revolution in Japan will discover the array of social and economic implications that comes with an increasingly aged society. Such a change in demographics affects pension expenditures and pension contributions, capital formation and savings rates, health costs, service systems, tax bases, labor pools, career counseling, training, advertising, and marketing. This book does not stop with these topics, however. Readers also learn about: how older Japanese workers are staying employed and employable policies in Japan for a smooth transition from work to retirement Japan’s Silver Human Resource Centers the new direction of health services in Japan the Japanese financing system for elderly health care the expansion of formalized in-home services for Japan’s aged Japanese housing policy and the concept of universal design the Gold Plan, a comprehensive ten-year plan to promote health care and welfare for the aged the concept of ikigai--promoting feelings of purpose and self-worth in the aged Public Policy and the Old Age Revolution in Japan is one of only a handful of books prepared in English by American and Japanese authors for an international audience about aging and social policy in Japan. The book’s recent collection of articles by leading scholars on the subject makes it a unique and timely source of information. Above all, Public Policy and the Old Age Revolution in Japan makes it clear that the rest of the world has many valuable lessons to learn by studying Japan’s approach to its rapidly aging society.
Download or read book Long term care financing lessons for low and middle income settings Brief 3 How countries finance long term care written by World Health Organization and published by World Health Organization. This book was released on 2024-03-13 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Health Spending in Japan written by Mr.Masahiro Nozaki and published by International Monetary Fund. This book was released on 2014-08-04 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Health spending has risen rapidly in Japan. We find two-thirds of the spending increase over 1990–2011 resulted from ageing, and the rest from excess cost growth. The spending level will rise further: ageing alone will raise it by 31⁄2 percentage points of GDP over 2010–30, and excess cost growth at the rate observed over 1990–2011 will lead to an additional increase of 2–3 percentage points of GDP. This will require a sizable increase in government transfers. Japan can introduce micro- and macro-reforms to contain health spending, and financing options should be designed to enhance equity.
Download or read book Caring for the Elderly in Japan and the US written by Susan Orpett Long and published by Routledge. This book was released on 2013-01-11 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an era of changing demographics and values, this volume provides a cross-national and interdisciplinary perspective on the question of who cares for and about the elderly. The contributors reflect on research studies, experimental programmes and personal experience in Japan and the United States to explicitly compare how policies, practices and interpretations of elder care are evolving at the turn of the century.
Download or read book Aging and Social Policy written by Harald Conrad and published by IUDICIUM Verlag. This book was released on 2002 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, Japan and Germany have been facing very similar challenges: aging populations, changing employment structures, long-lasting economic stagnation, and globalization, all of which threaten existing social security arrangements. Both countries are in a number of respects more socially and politically regulated, and in this sense less liberal, than the Anglo-American economies. Nonetheless, during the last couple of years several important social policy reforms have been implemented. A comparison of these reforms may provide valuable insights into the changing character of "conservative" welfare states. This volume concentrates on two fields of social policy: long-term care insurance and public pensions. These social insurances are at the center of current public debate in both countries because population aging translates immediately into a higher demand for care for the elderly and old age security. The contributions range from demographic and policy implications of aging through detailed analyses on the different reform measures to specific aspects such as bioethical or regional policy considerations. The volume is intended not only for experts specializing in social policy research but also for policy makers as well as the general reader interested in the current debates centering on the "restructuring of the welfare state".
Download or read book Ageing Long term Care Insurance and Healthcare Finance in Asia written by Sabrina Ching Yuen Luk and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Population Ageing and Financing Health and Long-term Care in Asia -- China : The Urban Health Insurance Reform -- Hong Kong : The Mandatory Health Insurance Reform Fiasco -- Japan : The Long-term Care Insurance Reform -- Singapore : A Compulsory Long-term Care Insurance Reform -- Taiwan : The National Health Insurance Reform -- The Republic of Korea : The Integration Reform -- Healthy Ageing in Asia.
Download or read book OECD Health Policy Studies Help Wanted Providing and Paying for Long Term Care written by Colombo Francesca and published by OECD Publishing. This book was released on 2011-05-18 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the challenges countries are facing with regard to providing and paying for long-term care.
Download or read book Growing Older in America written by and published by . This book was released on 2007 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unretirement written by Chris Farrell and published by Bloomsbury Publishing USA. This book was released on 2014-09-02 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The budget battles of recent years have amplified the warnings of demographic doomsayers who predicted that a wave of baby boomers would bleed America dry, bankrupting Social Security and Medicare as they faded into an impoverished old age. On the contrary, argues award-winning journalist Chris Farrell, we are instead on the verge of a broad, positive transformation of our economy and society. The old idea of "retirement"--a word that means withdrawal, describing a time when people gave up productive employment and shrank their activities--was a short-lived historical anomaly. Humans have always found meaning and motivation in work and community, Farrell notes, and the boomer generation, poised to live longer in better health than any before, is already discovering unretirement--extending their working lives with new careers, entrepreneurial ventures, and volunteer service. Their experience, wisdom--and importantly, their continued earnings--will enrich the American workplace, treasury, and our whole society in the decades to come. Unretirement not only explains this seismic change, now in its early stages, it provides key insights and practical advice for boomers about to navigate this exciting, but unsettled, new frontier, drawing on Chris Farrell's decades of covering personal finance and economics for Bloomsberg Businessweek and Marketplace Money. This will be an indispensable guide to the landscape of unretirement from one of America's most trusted experts.
Download or read book Handbook of the Economics of Population Aging written by John Piggott and published by Elsevier. This book was released on 2016-11-21 with total page 1146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of the Economics of Population Aging synthesizes the economic literature on aging and the subjects associated with it, including social insurance and healthcare costs, both of which are of interest to policymakers and academics. These volumes, the first of a new subseries in the Handbooks in Economics, describe and analyze scholarship created since the inception of serious attention began in the late 1970s, including information from general economics journals, from various field journals in economics, especially, but not exclusively, those covering labor markets and human resource issues, from interdisciplinary social science and life science journals, and from papers by economists published in journals associated with gerontology, history, sociology, political science, and demography, amongst others. Dissolves the barriers between policymakers and scholars by presenting comprehensive portraits of social and theoretical issues Synthesizes valuable data on the topic from a variety of journals dating back to the late 1970s in a convenient, comprehensive resource Presents diverse perspectives on subjects that can be closely associated with national and regional concerns Offers comprehensive, critical reviews and expositions of the essential aspects of the economics of population aging
Download or read book The Japanese Banking Crisis of the 1990 s written by Mr.Akihiro Kanaya and published by International Monetary Fund. This book was released on 2000-01-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a large part of the past decade, Japan has witnessed a steady deterioration in the health of its banking system. This paper examines what went wrong and why it has taken so long for the system to recover. While the paper traces the roots of the crisis to accelerated deregulation and deepening of capital markets without an appropriate adjustment in the regulatory framework, it identifies weak corporate governance and regulatory forbearance as the two factors behind what might have been an unnecessary prolongation of the distress of the financial system.
