Taiwan to strengthen long-term care for elderly

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TAIPEI: The government is planning a major overhaul of long-term care for seniors in Taiwan, with a view to expanding private sector participation in a market potentially worth $100 billion. The Cabinet is set to launch a range of initiatives to strengthen long-term care to deal with the rapidly aging population, including transforming institutions providing related services into social enterprises and upgrading the National Health Insurance system. It is estimated that approximately 720,000 people in Taiwan will require long-term care services in the next decade, but there is provision for only around 80,000.

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TAIWAN TODAY

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