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INSURANCE SYSTEMS (1) answer(s).
 
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ID:   180470


Aging Population Policies and Insurance Systems in Mainland China and Taiwan District: How do Similar Cultural Roots Produce Dif / Chao, Chung Chieh; Sun, Lingxue; Wang, Jianbo   Journal Article
Chao, Chung Chieh Journal Article
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Summary/Abstract Long-term care (LTC) policies are urgently needed for required services, including workforce support and insurance planning. China has a large population and just recently entered an aging stage, whereas Taiwan is about to become a super-aged society. China and Taiwan have similar cultural context, sharing the same value of Chinese filial piety and living habits although they have distinct political systems. Results shows that there is no silver bullet that would solve the current shortage of an LTC workforce that would fill the gap between care recipients and licensed professionals or informal caregivers. It is clear that action is required in all the aspects of LTC reform. The Taiwan system is comparatively solid while China’s system is struggling despite well-planned policy making.
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