51. Aging Risk and Health Care Cost in Korea
- Author:
- Byong Ho Tchoe and Sang-Ho Nam
- Publication Date:
- 02-2009
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- It is generally perceived that health care cost is increasing because of population aging. In Korea, the number of people over 65 years of age was 3.1 percent of the population in 1970, 5.1 percent in 1990, 7.2 percent in 2000, and 9.1 percent in 2005. These figures show that the period of time in which an aging population increases by 2 percent is getting shorter; thus aging has been accelerating.
- Topic:
- Demographics and Health
- Political Geography:
- Israel, Asia, and Korea