---

---

● Age of Caregiver Crisis Looms

Prospects for the Burden of Care, Nursing, and Medical Expenses on the Future Korean Economy

1. Demographic Changes and Economic Burden

Many of you are already paying attention to the conflict in the medical community and discussions across society.
In the future, the most expensive areas in Korea will be care services, nursing costs, and medical service fees.
As the population structure rapidly ages, the premiums paid by the younger generation or the health insurance-based model are likely to become a significant burden.
As the impact on the overall economy grows, this issue will not be a simple welfare matter but an important variable in the national economy.

2. Increasing Care Services and Nursing Costs

Currently, there is a system in place where caregivers are provided with government support for those who have been diagnosed with long-term care level 4 due to dementia or functional decline.
However, the demand for care and nursing services is expected to surge in the future.
The current system, which is operated with premiums paid by young workers, could lead to a fundamental financial burden, making it likely that the private sector will have to find new solutions.
The issue of care costs will ultimately be an important variable that significantly affects household consumption and the overall flow of the economy.

3. Burden of Medical Service Fees and System Changes

Medical services will also be a significant burden in the future.
The current medical system is mainly operated with premiums and public funds paid by the younger population, but the proportion is expected to increase rapidly with the increase in the elderly population.
As a result, changes in government support ratios or insurance systems are inevitable, and various measures such as strengthening private medical services and introducing new insurance models are expected to be discussed.
Restructuring in the medical field will become one of the economic variables affecting society as a whole.

4. Comprehensive Outlook and Response Strategies

Currently, the issues in the care, nursing, and medical fields are expected to have a significant impact on the sustainability of the economy and society as a whole, beyond simple welfare.
The government and the private sector need to work together to find solutions, and long-term plans and reorganization of economic policies are needed.
At the same time, innovative ideas and policies that encompass the economy, medicine, care, nursing, and services are needed.
Preparing for future changes in advance will be the task of all of us.

This article examines the reasons why the burden of care services, nursing, and medical service fees is expected to surge in Korean society in the future, as well as the limitations of demographic changes and existing insurance and health insurance systems.
It emphasized that the burden on the younger generation is increasing and the search for solutions in the private sector is becoming necessary, and that the government and the private sector must work together to develop sustainable measures.

[Related Articles…]
Future Medical Service Innovation

A New Paradigm of Care Services

*YouTube Source: [와이스트릿 – 지식과 자산의 복리효과]

– 간병인 쓰는 것도 힘들어지는 시대가 옵니다 / 정희원 교수