Article

International Advances in Economic Research

, Volume 19, Issue 1, pp 11-17

The Impact of Aging Population on the Rise of the Health Care Cost in the Czech Republic

  • Ludwig DittrichAffiliated withFaculty of Economics and Management, Department of Economic Theories, Czech University of Life Sciences Email author 
  • , Dana StaraAffiliated withFaculty of Economics and Management, Department of Economic Theories, Czech University of Life Sciences Email author 

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Abstract

Population aging is believed to be a major factor behind the rise of health care cost worldwide. However, an increasing body of evidence in the literature on the subject of population aging and its influence on health care cost suggests that demographic changes play a relatively minor role in driving up the health care bill. Firstly, we review some available evidence. Secondly, we analyze the situation in the Czech Republic using financial and health care utilization data and demographic projections. Thirdly, we point out the main areas of health care responsible for the health care expenditures growth in the Czech Republic.

Keywords

Aging of population Expenditure categories Growth rate Health care Reform
JEL I10