TITLE:
Elderly Population Projection and Their Health Expenditure Prospects in Japan
AUTHORS:
Tetsuo Fukawa
KEYWORDS:
Population-Household Projection, Dependency Level of the Elderly, Medical Expenditure, LTC Expenditure
JOURNAL NAME:
Modern Economy,
Vol.8 No.11,
November
6,
2017
ABSTRACT: By using a dynamic micro-simulation
model named INAHSIM-II, we conducted a population-household projection in Japan
(INAHSIM 2017) for the period of 2015-2065. Due to rapid aging of the
population, the distribution of the elderly (65 years old or older) by
dependency level has a profound impact on health expenditure (namely medical
expenditure and long-term care expenditure) of the elderly. In this paper, we
estimated health expenditure of the elderly in 2025-2065, using the results of
the projection of the elderly by dependency level.