Home > Column Series > Macroeconomics > 【Aging, safety net and fiscal crisis in Japan】No.7: Probability to Require Long-term Care Services
2018.01.18
In this column series, Yukihiro Matsuyama, Research Director at CIGS introduces the latest information about aging, safety net and fiscal crisis in Japan with data of international comparison.
Japan introduced the public long-term care insurance system in 2000. As Table 1 shows, this system classifies care services into five categories. The level of long-term care is determined by the time required to provide these services. For example, the reference time of Level 1 is set to 32 minutes or more and less than 50 minutes, and the reference time of Level 5 is set to 110 minutes or more.
In column No.1, I predict that long-term care expenses will expand by 2040 at a pace that greatly exceeds the increase in medical expenses. Table 2 shows the probability (the actual value as of March 2015) of being qualified for services from long-term care insurance as the precondition of the prediction. It clearly shows that long-term care needs increase beyond the age of 80.
December 09, 2019
Research Director
Kunihiko MIYAKE
December 05, 2019
International Research Fellow
Ted Nordhaus
December 05, 2019
Research Director
Kunihiko MIYAKE
November 29, 2019
Research Director
Kunihiko MIYAKE
November 26, 2019
Research Director
Kunihiko MIYAKE
Opinions expressed or implied in the articles published in this website are solely those of the author, and do not necessarily represent the views of the CIGS or its sponsor.