A government official says Taiwan might be unable to support its highly-praised health insurance programme because of a growing elderly population.
Cabinet Minister Hsueh Cherng-tay said late on Wednesday the programme’s projected shortfall might be too much for the government to bear by 2025.
Taiwan’s 23 million people pay minimal monthly premiums and receive largely free medical care for ailments ranging from the common cold to complex diseases. The government has subsidised shortfalls so far.
Hsueh says cutting-edge medical treatments have worsened the shortfalls and said Taiwan’s elderly population grew 30 per cent in the past decade and their health outlays shot up 90 per cent.
Those 65 and older accounted for 11 per cent of Taiwan’s population in 2010. That’s expected to grow to 20 per cent in 2025.
