Health Spending in Japan Macro-Fiscal Implications and Reform Options
Health spending has risen rapidly in Japan. We find two-thirds of the spending increase over 1990-2011 resulted from ageing, and the rest from excess cost growth. The spending level will rise further: ageing alone will raise it by 3 1\2 percentage points of GDP over 2010-30, and excess cost growth a...
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Other Authors: | , |
Format: | eBook |
Language: | English |
Published: |
Washington, D.C.
International Monetary Fund
2014
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Series: | IMF Working Papers
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Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
Summary: | Health spending has risen rapidly in Japan. We find two-thirds of the spending increase over 1990-2011 resulted from ageing, and the rest from excess cost growth. The spending level will rise further: ageing alone will raise it by 3 1\2 percentage points of GDP over 2010-30, and excess cost growth at the rate observed over 1990-2011 will lead to an additional increase of 2-3 percentage points of GDP. This will require a sizable increase in government transfers. Japan can introduce micro- and macro-reforms to contain health spending, and financing options should be designed to enhance equity |
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Physical Description: | 39 pages |
ISBN: | 9781498365277 |