Author(s)

Tetsuo Fukawa^1,2,3

¹Co-Representative, Institution for Future Welfare, Tokyo, Japan.
²Musashino University, Tokyo, Japan.
³Hitotsubashi University, Tokyo, Japan.

By using a dynamic micro-simulation model named INAHSIM-II, we conducted a population-household projection in Japan (INAHSIM 2017) for the period of 2015-2065. Due to rapid aging of the population, the distribution of the elderly (65 years old or older) by dependency level has a profound impact on health expenditure (namely medical expenditure and long-term care expenditure) of the elderly. In this paper, we estimated health expenditure of the elderly in 2025-2065, using the results of the projection of the elderly by dependency level.

Population-Household Projection, Dependency Level of the Elderly, Medical Expenditure, LTC Expenditure

Fukawa, T. (2017) Elderly Population Projection and Their Health Expenditure Prospects in Japan. Modern Economy, 8, 1258-1271. doi: 10.4236/me.2017.811085.