Projecting the needs and costs of long term care in Australia

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    Author
    LEUNG, E
    Date
    2003
    Source Title
    110
    Publisher
    Centre for Actuarial Studies, The University of Melbourne
    University of Melbourne Author/s
    LEUNG, EDWARD
    Affiliation
    Economics and Commerce: Centre for Actuarial Studies
    Metadata
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    Document Type
    Report
    Citations
    LEUNG, E. (2003). Projecting the needs and costs of long term care in Australia. Centre for Actuarial Studies, The University of Melbourne.
    Access Status
    Open Access
    URI
    http://hdl.handle.net/11343/33775
    Description

    Research paper no. 110
    Abstract
    Considerable attention has been given in the recent past to the likely economic and social impact of Australia’s ageing population. One particular aspect which continues to be thesubject of increased commentary and conjecture, is the need and subsequent costs for Long Term Care (LTC). In this paper, a multiple state projection model based on a framework by Rickayzen and Walsh (2002) is constructed in order to project the number of people in Australia who are likely to require LTC.
    Keywords
    Long term care; disability; multiple state model

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