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Um, nope. Old people need a lot more health care than young ones, anywhere in the world: http://blogs-images.forbes.com/danmunro/files/2014/04/hccostsbyage.png
by jpatokal 11y ago
Um, nope. Old people need a lot more health care than young ones, anywhere in the world: http://blogs-images.forbes.com/danmunro/files/2014/04/hccostsbyage.png http://blogs-images.forbes.com/danmunro/files/2014/04/hccost...
- Gibbon1 11y agoIt tends to balance out, while they need more health care, they use less of other resources. But put it this way, the US spends about 17% of it's GDP on healthcare. So an aging population is a serious issue. Say you double that and now it's 34% of GDP (yikes). Now consider Japan, 10%. And Japan has a significantly older demographic already. So say it rises 50% over twenty years to 15%. That's still better than the US right now. China's healthcare expenditures are 5% of GDP. Numbers from here. http://data.worldbank.org/indicator/SH.XPD.TOTL.ZS http://data.worldbank.org/indicator/SH.XPD.TOTL.ZS