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ALSA CONFERENCE 2009 LOMBOK, BALI

More4Life Health and the Ageing Population. ALSA CONFERENCE 2009 LOMBOK, BALI. JAMES WALKER-POWELL. Percentage of Population over the age of 65. Year Population over 65 1900’s 4% 2002 12.5% 2042 24.5%. Percentage of Population over the age of 85. Year Population over 85

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ALSA CONFERENCE 2009 LOMBOK, BALI

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  1. More4Life Health and the Ageing Population ALSA CONFERENCE 2009 LOMBOK, BALI JAMES WALKER-POWELL

  2. Percentage of Population over the age of 65 Year Population over 65 1900’s 4% 2002 12.5% 2042 24.5%

  3. Percentage of Population over the age of 85 Year Population over 85 2002 1.5% 2042 4%

  4. Historically, a significant component of the cost of children has been financed privately, while a larger proportion of the cost of supporting older people has been financed through government transfers.

  5. Currently 50% of government spending is directed towards health, aged care, social security and education. Legend A = Medical Benefits Scheme Subsidy B = Pharmaceutical Benefits Scheme Subsidy C = Hospital & Health Services D = Other (including Private Health Insurance Rebate)

  6. The prevalence of dementia increaseswith age Age Prevalence 40-65 1 in 1000 65-70 1 in 50 70-80 1 in 20 80+ 1 in 5 Source UK Alzheimer’s Disease Society 2002 Note: 55% of those with dementia have Alzheimer’s.

  7. Who will care for the elderly? Rely on your partner or family Pay for care from savings/nest egg Sell your assets ie, the family home Rely on the government Arrange for long term care insurance (trauma cover)

  8. Questions

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