What are the effects of population aging on healthcare costs?

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What are the effects of population aging on healthcare costs?

The effects of population aging on healthcare costs include an increase in healthcare expenditures due to a higher demand for healthcare services and long-term care for elderly individuals. As the population ages, there is a greater prevalence of chronic diseases and age-related conditions, leading to higher healthcare utilization and costs. Additionally, the aging population requires more specialized care, such as geriatric care and end-of-life services, which can further contribute to healthcare expenses. Overall, population aging puts pressure on healthcare systems and can lead to increased healthcare costs.