4 ms·
Are there any places in the first world where this isn’t true?
by amanaplanacanal 2y ago
Are there any places in the first world where this isn’t true?
- elashri 2y agoJapan, Italy and Germany are prominent example of this demographic problem. It is very obvious in japan that the country is struggling with increase cost of pension and Healthcare with the shrinking of workforce.
- lotsofpulp 2y agoThe US’s largest expense is healthcare for older and sicker people, between Medicare, Medicaid, and the portion of health insurance premiums that subsidized young and healthy to old and sick (due to Affordable Care Act mandating age rating factors capping premiums as a multiple of 21 year old premiums and getting rid of underwriting for any health issues other than using tobacco). Whether or not it is “acceptable” to the population is not an objective fact, although, there is always quite a bit of grumbling about increasing premiums, and the spending as a proportion of the nation’s productive output can only increased based on the population pyramid. And I bet that applies to every developed country.