Is an Aging Asia a $20 Trillion Risk or Opportunity?

Within the next 15 years, an estimated $20 trillion will be drained from Asia’s economy simply to keep up with the increased health care needs of its rapidly aging population.

The strain of health care costs for the elderly (aged 65 years and older) will test the ability of governments to fund adequate health care programs, raise the specter of longevity risk for insurers who must deal with increasing lifespans outstripping coverage and squeeze the ability of pensions to remain viable.

Read the full article on Brink Asia.