Cover Story - Healthcare in China and India: Insuring Asia's Twin Giants
Source: Asia Insurance Review | May 2007
The number of elderly people in the developing world will triple in 25 years, says the World Health Organization (WHO). And with that, the concern of spiralling healthcare costs. In China and India, the huge population is providing increased challenges for Governments. It is estimated that the number of people above age 60 in China in 1999 was only 10% of the population, but this is expected to increase to 30% by 2050, and in India, the number of people above 60 years is about 8% today, with that number expected to hit 21% by 2050. Asia Insurance Review looks at these two countries and presents a quick overview of the healthcare issues.
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