Coordinating Healthcare and Pension Policies: An Exploratory Study
Azad Singh Bali and
Mukul G. Asher
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Azad Singh Bali: Asian Development Bank Institute (ADBI)
Governance Working Papers from East Asian Bureau of Economic Research
Abstract:
Rapid ageing of the population globally represents an unprecedented historical trend. As pension and healthcare costs are positively correlated with rising incomes, ageing, urbanization, and a shift from communicable to life-style diseases, managing these costs is a major challenge. There are many linkages between healthcare and pension arrangements—in terms of costs, exposure to risks, and as they jointly impact on crucial policy decisions. This paper discusses the rationale for coordination between various programs to better manage the cost of ageing. The current difficult macroeconomic environment, including fiscal stringency conditions, strengthens the case for such coordination.
Keywords: Pension; health care; coordination of healthcare and pension programs (search for similar items in EconPapers)
JEL-codes: J1 J4 (search for similar items in EconPapers)
Date: 2012-08
New Economics Papers: this item is included in nep-dem and nep-hea
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