Korea's health care costs set to double by 2030 as population ages rapidly
1d 14h ago by lemmy.zip/u/schizoidman in world from www.koreatimes.co.kr
total medical care costs projected to reach as much as 191 trillion won ($131 billion) by 2030 — nearly double the nation’s health care spending a decade earlier.
Korea and Japan are suffering from a lack of immigration. Immigrants are literally just an injection of younger working age people. I won't try to explain the racism and nationalism between east Asian countries. But, I feel like the way the world is going, worrying about 2030 projections based on the world not being a complete fuck fest by then. Well, I think we more pressing concerns. Like, the US actively starting WW3.
SK might turn its boat but Japan is so deeply xenophobic that they’ll rather go extinct or try invent a robot nurse rather than allow immigrants
It’s kinda crazy that all the young people in Korea and Japan are like “work conditions are so fucking brutal I don’t have the energy to do anything else”, and then their governments go “hey, I know, the solution is work longer and harder”. Like… what the fuck are they expecting to happen here? They’ve demographically aimed the boat at a waterfall and are pinning the throttle open.
Isn't every population aging at the exact same rate? But the average age might be increasing at a rapid rate.
The people are aging at the same rate. The population is getting older - the overall distribution.
The problem with Korea is that people aren’t having kids, like at all. They don’t have the time, women don’t want to become stay at home wives (the cultural expectation) and it’s also expensive as fuuuck
Their population pyramid is inverted.
South Korea*, to avoid propagandized headlines. (not blaming OP)