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Rapid ageing of the population globally represents an unprecedented historical trend. As pension and healthcare costs …, managing these costs is a major challenge. There are many linkages between healthcare and pension arrangements - in terms of …
Persistent link: https://www.econbiz.de/10009579533
Rapid ageing of the population globally represents an unprecedented historical trend. As pension and healthcare costs …, managing these costs is a major challenge. There are many linkages between healthcare and pension arrangements - in terms of …
Persistent link: https://www.econbiz.de/10014166685
This paper provides a critique of the U.S. Health Care system compared to other OECD (Organization for Economic Co-operation and Development) nations and extends the work of previous research in four ways. First, we identify which OECD countries have better longevity outcomes than other OECD...
Persistent link: https://www.econbiz.de/10013313421
The new Medicare drug law that was enacted in late 2003 makes two changes that supporters of the law say should make it easier for today's workers to prepare to pay the medical bills they will confront in retirement: prescription drug benefits (the new Medicare Part D) and health savings...
Persistent link: https://www.econbiz.de/10014070508
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Persistent link: https://www.econbiz.de/10011567637
Persistent link: https://www.econbiz.de/10013132496
In this paper we explore the implication of a morbidity risk for the relationship between longevity and annuitization. We divide old-age life into two periods with uncertain survival from the end of the first to the end of the second. We show that a rise in the survival rate causes different...
Persistent link: https://www.econbiz.de/10012759851
, pension outlays are currently relatively low and substantial financial assets have been accumulated in the Government … Petroleum Fund. However, without reforms, due to the maturing of the pension system, ageing will lead to one of the biggest … increases in pension spending as a share of GDP in OECD countries over the next 50 years. This paper thus, after exploring the …
Persistent link: https://www.econbiz.de/10012445612
Comparisons of individual life expectancies over time and across demographic groups provide information for individuals making retirement decisions and for policy makers. For couples, analogous measures are the expected years both spouses will be alive (joint life expectancy) and the expected...
Persistent link: https://www.econbiz.de/10012863785