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Quantitative Methods in DemographyHealth Care Need Adjusted Prospective Old-age Dependency Ratio in Selected European Countries

Quantitative Methods in Demography: Health Care Need Adjusted Prospective Old-age Dependency... [One of the not so often mentioned consequence of the population ageing is the expected increase of financial burden of health care systems. Standard and commonly used simple indicators of this burden are usually based on the relation of the number of old (or the oldest old) persons and the number of persons in productive age. The threshold of old age is very often determined as the age of 65 years. But many latest studies propose that due to the permanent increase of life expectancy the definition of the old age threshold should be more likely based on the expected remaining length of life, on the expected time to death. According to some analyses, especially during the last five years of the life of old-age persons the need of health care is relatively high. Possible indicator of the health care financial burden of this type can be e.g. the Health care need adjusted prospective old-age dependency ratio. It is determined as the proportion of the expected number of old age persons having time to death lower than 5 years and the number of persons in productive age where the upper threshold of productive age is defined using not the chronological but the prospective age.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Quantitative Methods in DemographyHealth Care Need Adjusted Prospective Old-age Dependency Ratio in Selected European Countries

Editors: Skiadas, Christos H.; Skiadas, Charilaos

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
ISBN
978-3-030-93004-2
Pages
143 –154
DOI
10.1007/978-3-030-93005-9_9
Publisher site
See Chapter on Publisher Site

Abstract

[One of the not so often mentioned consequence of the population ageing is the expected increase of financial burden of health care systems. Standard and commonly used simple indicators of this burden are usually based on the relation of the number of old (or the oldest old) persons and the number of persons in productive age. The threshold of old age is very often determined as the age of 65 years. But many latest studies propose that due to the permanent increase of life expectancy the definition of the old age threshold should be more likely based on the expected remaining length of life, on the expected time to death. According to some analyses, especially during the last five years of the life of old-age persons the need of health care is relatively high. Possible indicator of the health care financial burden of this type can be e.g. the Health care need adjusted prospective old-age dependency ratio. It is determined as the proportion of the expected number of old age persons having time to death lower than 5 years and the number of persons in productive age where the upper threshold of productive age is defined using not the chronological but the prospective age.]

Published: May 31, 2022

Keywords: Population ageing; Prospective age; Time to death; Old-age dependency ratio; Health care need adjusted prospective old-age dependency ratio

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