Hidden Bibliographic Details
| Other authors / contributors: | Porter, Nathan, 1971- author.
International Monetary Fund. Asia and Pacific Department.
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| Notes: | At head of title: Asia and Pacific Department.
"December 2008."
Includes bibliographical references (page 31).
Print version record.
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| Summary: | With much healthcare publicly funded, Hong Kong's rapidly aging population will significant raise fiscal pressure over coming decades. We ask what the implications are of meeting these costs by public funding, or private funding voluntarily or through mandates. Our simulations suggest that without early reform, these costs quickly become unsustainable. Prefunding is key. Whether this is done through the public system or through mandatory private provision is less important. Voluntary schemes are likely to result in insufficient savings without tax incentives. Even then, voluntary accounts are unlikely to yield better macroeconomic outcomes, while mandates tend to produce more equitable consumption.
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| Other form: | Print version: Botman, Dennis (Dennis Petrus Johannes). Macroeconomic impact of healthcare financing alternatives. Washington, D.C. : International Monetary Fund, ©2008
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