The Financial Cost Implications of Morbidity in the Elderly: Are their Resources Sufficient? The Financial Cost Implications of Morbidity in the Elderly: Are their Resources Sufficient (original) (raw)
The research investigates the demographic changes in the elderly population in the Philippines, anticipating a significant increase in the proportion of elderly citizens by 2040 due to rising life expectancy and declining fertility rates. It examines the implications of morbidity among the elderly in terms of financial costs and resource sufficiency, highlighting the shifting age dependency ratios that pose challenges to the economic support for this growing demographic. The study utilizes various statistics and projections to analyze the current and future economic impacts, aiming to address the adequacy of resources allocated for elderly care.