OECD Economic Policy Papers

ISSN :
2226-583X (online)
DOI :
10.1787/2226583x
Hide / Show Abstract
The OECD Economic Policy Papers series is designed to make available selected studies on structural and macro-economic policy issues of current interest. The Papers are produced in the context of the work carried out on the two regular OECD titles, OECD Economic Outlook and Going for Growth.
 

Public Spending on Health and Long-term Care

A new set of projections You or your institution have access to this content

Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k44t7jwwr9x.pdf
  • PDF
  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/public-spending-on-health-and-long-term-care_5k44t7jwwr9x-en
  • READ
Author(s):
Christine de la Maisonneuve1, Joaquim Oliveira Martins
Author Affiliations
  • 1: OECD, France

Publication Date
26 June 2013
Bibliographic information
No.:
6
Pages
39
DOI
10.1787/5k44t7jwwr9x-en

Hide / Show Abstract

This paper proposes a new set of public health and long-term care expenditure projections till 2060, following up on the previous set of projections published in 2006. It disentangles health from longterm 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 costcontainment 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 cost-containment and the cost-pressure scenarios respectively.
Also available in: French
Keywords:
ageing populations, longevity, public health expenditures, long-term care expenditures, demographic and non-demographic effects, projection methods
JEL Classification:
  • H51: Public Economics / National Government Expenditures and Related Policies / Government Expenditures and Health
  • I12: Health, Education, and Welfare / Health / Health Production
  • J11: Labor and Demographic Economics / Demographic Economics / Demographic Trends, Macroeconomic Effects, and Forecasts
  • J14: Labor and Demographic Economics / Demographic Economics / Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination