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Transforming pensions and health care in a rapidly ageing world
 — opportunities and collaborative strategies
Author(s)Chiemi Hayashi, Heli Olkkonen, Bernd Jan Sikken
Corporate AuthorWorld Economic Forum (WEF)
PublisherWorld Economic Forum (WEF) - electronic format, Geneva, 2009
Pages80 pp (World scenario series)
Sourcehttp://www.weforum.org/pdf/scenarios/Transforming-...
KeywordsPensions ; Health services ; Economics ; Demography ; International.
AnnotationDemographic trends challenge the financial sustainability of pay-as-you-go pension and healthcare systems, as well as capital-funded systems, and risk undermining access and quality. This report responds by exploring 11 strategic options to answer this central question: How can stakeholders strengthen the financial sustainability of, access to and quality of retirement and healthcare provisioning in a rapidly ageing world? These "strategic options" are: 1: Promote work for older cohorts; 2: Shift delivery of healthcare to a patient-centred system; 3: Promote wellness and enable healthy behaviours; 4: Provide financial education and planning advice; 5: Encourage higher levels of retirement savings; 6: Facilitate the conversion of property into retirement income; 7: Stimulate micro-insurance and micro-pensions for the poor; 8: Enhance pension fund performance; 9: Realign incentives of healthcare suppliers; 10: Ensure that cross-border healthcare delivery benefits all stakeholders; and 11: Promote annuities markets and instruments to hedge longevity risk. The process of identifying the strategic options began with an earlier World Economic Forum report, 'The future of pensions and healthcare in a rapidly ageing world - scenarios to 2030'. (RH).
Accession NumberCPA-100301212 E
ClassmarkJJ: L: W: S8: 72

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